Takata chief to quit after recovery path found from recall woes

Takata chief to quit after recovery path found from recall woes

Photo taken April 2013 shows Takata Corp. Chairman Shigehisa Takada. The Japanese auto parts maker said on June 28, 2016, the number of deaths believed to have been caused by its ruptured air bag inflators stood at 15, with the number of related injuries exceeding 150 worldwide. (Kyodo) ==Kyodo

Honda's FY 2015 profit drops 32% over Takata air bag debacle

Honda's FY 2015 profit drops 32% over Takata air bag debacle

Tetsuo Iwamura, executive vice president of Honda Motor Co., releases the company's earnings report for the business year ended in March 2016 at a press conference in Tokyo on May 13. Honda's net profit fell 32.4 percent as costs related to a recall of defective air bag inflators made by Takata Corp. offset solid sales in North America and Asia. (Kyodo) ==Kyodo

Takata to recall up to 40 mil. more air bag inflators in U.S.

Takata to recall up to 40 mil. more air bag inflators in U.S.

Mark Rosekind, administrator of the U.S. National Highway Traffic Safety Administration, announces in Washington on May 4, 2016, the safety regulator's order for Takata Corp. to recall up to 40 million more air bag inflators for fear of potentially deadly ruptures. The order brought the size of the Japanese auto parts supplier's global inflator recall to over 100 million units. (Kyodo) ==Kyodo

Takata chief to step down over global air bag recall

Takata chief to step down over global air bag recall

Undated file photo shows Shigehisa Takada, president of Japan's Takata Corp. Takata, 49, is set to quit his post to take responsibility for the global recall of vehicles fitted with the company's air bag inflators, sources close to the matter said on Jan. 28, 2016. (Kyodo) ==Kyodo

Takata trims net profit outlook for FY 2015 amid air bag fiasco

Takata trims net profit outlook for FY 2015 amid air bag fiasco

Takata Corp. executives attend a press conference in Tokyo on Nov. 6, 2015, to announce earnings results for the six months ended Sept. 30. The company cut its group net profit outlook for fiscal 2015 after being hit by ballooning recall-related costs over its potentially faulty air bag inflators. (Kyodo) ==Kyodo

U.S. agency fines Takata up to $200 million

U.S. agency fines Takata up to $200 million

Shigehisa Takada (C), president and CEO of Japanese parts supplier Takata Corp., and other company officials bow in apology during a press conference in Tokyo on Nov. 4, 2015. U.S. auto safety regulators announced earlier that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

U.S. agency fines Takata up to $200 million

U.S. agency fines Takata up to $200 million

Shigehisa Takada, president and CEO of Japanese parts supplier Takata Corp., attends a press conference in Tokyo on Nov. 4, 2015, following the announcement by U.S. auto safety regulators that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

U.S. agency fines Takata up to $200 million

U.S. agency fines Takata up to $200 million

Shigehisa Takada, president and CEO of Japanese parts supplier Takata Corp., attends a press conference in Tokyo on Nov. 4, 2015, following the announcement by U.S. auto safety regulators that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

New Toyoda Gosei head says car airbag checkup system introduced

New Toyoda Gosei head says car airbag checkup system introduced

New President Naoki Miyazaki of Toyota Gosei Co. speaks in an interview with Kyodo News in Nagoya on July 15, 2015. Miyazaki said the company has set up a checkup system to obviate the possible occurrence of faulty airbags in connection with a series of fatal accidents caused by exploding airbag inflators involving products of Japan's Takata Corp. (Kyodo) ==Kyodo

Japan auto lobby chief voices concern over Takata air bag recalls

Japan auto lobby chief voices concern over Takata air bag recalls

Fumihiko Ike, chairman of the Japan Automobile Manufacturers Association, tells a press conference in Tokyo on May 21, 2015, he feels a strong sense of crisis about the expanding recalls related to Takata Corp. air bag inflators in Japan and the United States. (Kyodo) ==Kyodo