Takata Files For Bankruptcy, Overwhelmed By Air Bag Recalls

Tom Krisher and Marcy Gordon, South Florida Sun-Sentinel
Sun, 06/25/2017 - 7:04pm

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 defective air bag inflators that are linked to the death of at least 16 people. The company announced the expected action Monday morning...

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Topics: takata corp u.s bankruptcy overwhelmed air bag

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