Category Archives: Takata

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor http://www.reuters.com/article/us-takata-bankruptcy-japan-idUSKBN19G0ZG?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29 Re-posted from Reuters. Geoff Geoff Comments: Takata has taken too long to remedy the airbag problem, causing the problem to escalate out of control. A quicker, comprehensive response would … Continue reading

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Air bag maker Takata is planning to file for bankruptcy

Air bag maker Takata is planning to file for bankruptcy – Business Insider http://www.businessinsider.com/air-bag-maker-takata-is-planning-to-file-for-bankruptcy-2017-6?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+view Re-posted from Business Insider. Geoff Geoff Comments: If Takata declares bankruptcy before the settlement is completed and executed, not funds will be set aside to pay … Continue reading

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