PTI Feeds | Jun 21, 2017, 12:05 PM IST
Airbag maker Takata dives 25% on bankruptcy fears
Oncars India | Jul 9, 2015, 2:30 PM IST
Japanese automaker Honda today said it was recalling another 4.5 million vehicles globally, as a scare over a deadly defect in Takata-made airbags widens. The move takes to 24.5 million the total number of vehicles that the country's number three auto manufacturer has called back after the faulty airbags were linked to eight deaths around the world.
Oncars India | Jul 7, 2015, 12:10 PM IST
Toyota, the Japanese automaker has issued a recall of 7,100 units of the Corolla premium sedan. The sedans so recalled are to fix a malfunction in the front passenger airbags, which were supplied by Takata. The Corollas manufactured between April 2007 and July 2008 will come under this recall.
Oncars India | Jun 25, 2015, 6:29 PM IST
Toyota and Nissan, Japan's two top automakers, today said they will recall more than three million more cars globally because of concerns over airbags involved in eight deaths worldwide. "Toyota will now globally expand its recalls to involve approximately 2,860,000 additional vehicles equipped with certain front passenger airbag inflators," the automaker said in an email.
Oncars India | Dec 26, 2014, 12:29 PM IST
The president of embattled Japanese auto parts maker Takata Corp. stepped down over an airbag scandal linked to at least five deaths that have sparked the recall of millions of vehicles. The company also announced pay cuts for top executives, who have faced a barrage of criticism for remaining largely silent on the brewing crisis, amid claims that the firm hid evidence of the defects for years. Stefan Stocker resigned from his post but will stay on the company's board, while Chairman Shigehisa Takada will take on the Swiss executive's role, in addition to his current job.
Oncars India | Dec 23, 2014, 10:38 AM IST
BMW has agreed to demands from the government to replace driver's-side air bags across the entire US. The National Highway Traffic Safety Administration has been pushing companies to recall older cars with air bag inflators made by Takata Corp. They can explode with too much force and spew shrapnel at drivers and passengers. At least five deaths have been blamed on Takata inflators.
Oncars India | Dec 18, 2014, 6:46 PM IST
Japanese carmakers are mulling the idea of introducing expiration dates for airbags, the head of the country's auto industrial body said today, after millions of cars around the world were recalled.
