The National Highway Traffic Safety Administration released a series of reports involving Takata’s defective air bag inflators, around 100 million of which have been declared defective worldwide, with nearly 70 million inflators in the U.S. alone. In the report, Takata also holds its U.S. arm, not the parent company, responsible […]
Takata
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The vehicles are legal to be sold since the U.S. National Highway Traffic Safety Administration has declared they will not become potentially unsafe until exposed to high humidity for a prolonged period. Read more here… URL: http://www.reuters.com/article/us-autos-takata-idUSKCN1002H7
It was announced Saturday that the $2.4 billion Actos settlement agreement reached on April 28, 2015 is final. The finalization of this settlement with Takeda will benefit just over 10,000 persons claiming injury from its diabetes drug, Actos. Plaintiffs will now be required to submit medical proof of their injury […]
By Sophie Williams – Tuesday Takata decided to expand the recall of vehicles with its air bags to nearly 34 million cars and trucks, nearly double the number of vehicles previously recalled. The company agreed to a national recall of certain types of driver and passenger side air bag inflators […]
By Sophie Williams – Recently a record $70 million fine was levied on Honda Motor by safety regulators in the United States-the largest ever imposed on an automaker by the National Highway Traffic Safety Administration. Honda has acknowledged what is the basis for the fine — that it clearly underreported […]
By Sophie Williams – Takata Corporation president Stefan Stocker, will step down and Shigehisa Takad, the company’s chairman, will become president in order to unify Takata’s response to the recalls of its air bags. Officials with Takata say the executive shift is intended to speed up decision-making related to the […]