Air bag maker Takata files for bankruptcy in Japan, U.S.

Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty air bag inflators. The company announced the expected action Monday morning Tokyo time.
( read original story …)


Related Post

HK global garment supplier Crystal to end IPO drou...
views 78
The IPO opens on Oct. 23, the lead managers will p...
Japan PM’s party suffers historic defeat in ...
views 102
TOKYO (Reuters) - Prime Minister Shinzo Abe's Libe...
Light earthquake, 4.3 mag strikes near Hasaki in J...
views 40
A light earthquake with magnitude 4.3 (ml/mb) was ...
North Korea missile passes over northern Japan, of...
views 79
North Korea fired a missile that flew over Japan a...
Why getting drunk is so important in Japanese busi...
views 152
Sharing meals is a meaningful tool for trust build...
Japan recalls South Korean ambassador over 'c...
views 112
Japan has temporarily recalled its ambassador to S...
American detained in Japan in alleged air-rage inc...
views 134
An American has been detained in Tokyo for alleged...
AFC Champions League Review: Evergrande advance, A...
views 158
The Chinese side's only loss en route to topping t...
Japan wants to launch a new digital currency: J-Co...
views 67
Mizuho Bank is leading the consortium that wants t...