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Tag: airbag
Fidelity Cuts Stake in Takata as Air-Bag Crisis Escalates
2014-12-06 03:14:33| Automakers - Topix.net
Fidelity Investments led institutional investors that sold their stock holdings in Takata Corp., the Japanese air-bag maker at the center of a global auto safety crisis linked to at least five deaths. Fidelity Management & Research Co.
Tags: crisis
cuts
stake
fidelity
Mazda expands US airbag recall
2014-12-05 09:02:17| BBC News | Business | UK Edition
Mazda has doubled its US recall for potentially faulty Takata air bags to about 87,000 cars.
Tags: recall
mazda
expands
airbag
Toyota Says Automakers Agree to Hire Outside Air-Bag Test Firm
2014-12-05 01:16:13| Automakers - Topix.net
Toyota Motor Corp., which is among several automakers recalling vehicles with faulty air bags made by Takata Corp., said other carmakers are embracing its call for an independent evaluation of inflators in the safety systems. Toyota this week had suggested that the companies affected by the recall should hire an independent engineering firm to test the air-bag inflators subject to the recall of at least 8 million vehicles.
Takata refuses airbag recall demand
2014-12-03 21:01:55| BBC News | Business | UK Edition
The Japanese airbag manufacturer Takata refuses a request by the US National Highway Traffic Safety Administration to expand a recall of cars containing its faulty airbags.
Tags: demand
recall
refuses
airbag
NHTSA orders Takata to undertake national airbag recall
2014-11-26 19:57:43| Automakers - Topix.net
U.S. regulators formally demanded Takata Corp. take part in a nationwide recall of defective airbags, saying the company's piecemeal approach to fixing a potentially deadly flaw in millions of cars is insufficient. The National Highway Traffic Safety Administration told Takata in a letter today to file a report by Dec. 2 that identifies a defect in "driver's side airbag inflators and is nationwide in scope."
Tags: national
orders
recall
undertake
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