Regulators Said Takata Still Need To Recall 85 Million Airbags

US safety regulator announced Wednesday that Takata still need to recall its defective airbags. NHTSA said unless Takata proved them to be safe, all remaining airbags in US vehicles must be recalled eventually.

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Honda's sales rise in Indian markets, but Hero still ranks No 1

Honda, the Japan-based automaker, widened its sales portfolio to a robust 4,500 touch points from nearly 800 outlets. Honda's market share increased to 26% from 15% at the end of March 2011.

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Honda recalls 442,997 vehicles in Japan; 2.2 million cars in US

Honda said it recalled a total of 442,997 vehicles in Japan. The automaker will also recall 2.2 million cars in the US.

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Ningbo Joyson to acquire Key Safety Systems

Ningbo Joyson has signed a definitive deal to acquire US-based airbag maker Key Safety Systems. KSS hope that the merger with Joyson will further accelerate its business and fasten its future growth.

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Takata to meet major customers to discuss business forecasts

Takata Corp is reportedly planning to meet its major clients in order to discuss its business forecasts. The US transport authorities announced a fresh recall of about 5 million vehicles subsequent to the recent death caused by the Japanese firm's airbag inflators.

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As Toyota Dropped Its Airbags, Takata Shares Plunged

Toyota decides to drop Takata as their airbag supplier last week. Previously, other automakers have ditched Takata as their airbag suppliers as well. This gives a devastating blow to Takata, whose shares drop 25% after series of incidents related to airbags defect.

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New Honda CEO says no plans to help air bag firm Takata fund global recalls

Honda Motor Co's (7267.T) new chief executive said the Japanese automaker has no plans for now to provide financial aid to Takata Corp (7312.T), the air bag supplier at the center of a costly global safety recall that has dented Honda's public image as well as its earnings.

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Takata will change design for certain air bag inflators

Takata Corp (7312.T) said on Monday that it will continue producing air bags that use ammonium nitrate propellant, but will change the design of the driver-side air bag inflators.

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GM recalls heavy duty trucks with Takata air bags

General Motors Co (GM.N) is recalling about 375,000 heavy duty pickup trucks equipped with passenger-side air bag inflators made by Takata Corp (7312.T), the U.S. automaker said.

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As recalls mount, Takata, Japan automakers stuck in uneasy reliance

Air bag manufacturer Takata Corp (7312.T) and Japanese carmakers including Honda Motor Co (7267.T) are locked in the commercial equivalent of a bad marriage; not entirely happy in each other's company but unable to break apart and wary of potentially costly court battles.

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Honda adds to Takata air bag recalls; global tally now around 36 million

Honda Motor Co (7267.T) on Thursday recalled close to 5 million vehicles fitted with potentially faulty Takata Corp (7312.T) air bag inflators, as investigations showed the problem behind one of the biggest auto safety crises may be more widespread than thought.

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Troubled air bag maker Takata says to return to profit in 2015/16

Japan's Takata Corp (7312.T) said it expects to return to profit this financial year on higher Asian and U.S. sales, but the troubled company made few provisions for possible costs related to a massive global recall of its exploding air bags.

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Takata adds nearly $30 million to special loss to cover air bag recalls, cuts outlook

Japanese air bag maker Takata Corp (7312.T) booked nearly $30 million in extra charges for vehicle recalls to replace potentially deadly air bag inflators, as well as other costs, tipping it toward a bigger annual loss than previously forecast.

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Honda opts for Takata rival to supply Accord air bags - sources

Honda Motor Co (7267.T) has chosen a competitor of embattled Takata Corp (7312.T) to supply air bags for the next North American version of its Accord sedan, the automaker's best-selling vehicle, two people with knowledge of the decision said.

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Ford expands Takata driver-side air bag recall in U.S.

Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles.

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