Takata Corp News

The recall comes after the watchdog asked the German automaker, General Motors Co and Daimler AG`s Mercedes-Benz earlier this year to recall vehicles equipped with Takata air bags.

China`s FAW Car Co Ltd, a partner of Japan`s Mazda Motor Corp, will recall over 680,000 Mazda cars due to issues with air bags that were supplied by embattled Japanese auto parts supplier Takata Corp.

The bankruptcy of Japanese auto parts giant Takata may frustrate the legal challenges by victims harmed by the company`s exploding airbags, which were part of the largest auto safety recall ever.

Takata Corp will seek bankruptcy protection from creditors on Monday, two sources said, as the Japanese company faces billions of dollars in liabilities stemming from the biggest recall in automotive history.

Takata shares dived again on Tuesday, losing one-third of their value in just two days of trading on reports the troubled airbag maker will file for bankruptcy protection and sell its assets to a US company.

Takata, one of the world`s biggest automotive suppliers, has been working for months to complete a deal with Key Safety.

Toyota Motor Corp on Wednesday said it was recalling about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp., including those used as replacement parts following a 2010 recall.

Tokyo: Toyota Motor Corp said on Tuesday said it was recalling a total of about 490,000 vehicles in Japan, China, Europe and other regions over potentially faulty air bag inflators produced by Takata Corp, further widening a massive global recall.

Scientists hired by the auto industry have determined that multiple factors including moisture and high humidity can cause some Takata air bags to inflate with too much force and hurl shrapnel at drivers and passengers.

Toyota Motor Corp, seeking to reduce its risk from potentially lethal Takata Corp air-bag inflators, will buy millions of the component from smaller parts maker Nippon Kayaku Co, people familiar with the matter said.

As some regional Takata recalls are expanded nationally, the number of affected vehicles could grow to 20 million or more.

Takata Corp will "rapidly" reduce production of a volatile chemical that has been linked to ruptured air bag inflators, a company executive told US lawmakers on Tuesday.

Japan`s Takata said it would redesign some driver-side airbag inflators, in the latest chapter of a global auto parts scandal linked to six deaths and the recall of millions of vehicles.

A subcommittee of the House Energy and Commerce Committee has scheduled a hearing on June 2 on the problems that lead to the recall.

The United States is fining air bag maker Takata Corp $14,000 per day for failing to cooperate fully with the government`s investigation into the company`s defective airbags, the U.S. transportation secretary said on Friday.

A senior Takata Corp. executive on Wednesday defended the Japanese company`s rejection of a nationwide US recall of its potentially deadly airbags, insisting that testing data did not back such an action.

Nissan Motor Co said on Thursday it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by Takata Corp.

Honda Motor Co expects to recall vehicles with potentially defective air bags, a move that could expand a massive, multi-company air bag recall by more than a million, according to a person with knowledge of the matter.