Japanese air bag maker Takata Corp. has reached a $650-million deal to settle consumer protection claims from 44 states and Washington, D.C., but only a fraction of the money will be paid because ...

Takata Corp. and its U.S. operations are likely to seek bankruptcy protection by the end of June in a deal that would sell its assets to competitor Key Safety Systems Inc., a person briefed on the ...

It is the largest recall of a consumer product in U.S. history — -- Takata Corporation, a leading global supplier of automotive systems, announced today that an estimated 33.8 million cars ...

Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for a years-long scheme to conceal a deadly defect in its automotive air bag ...

Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for a years-long scheme to conceal a deadly defect in its automotive air bag ...

(Reuters) - Japan's Takata Corp, the firm at the centre of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be ...

Takata Corp. has long resisted establishing a fund to compensate victims of its exploding air bags, at one point rebuffing a U.S. senator who urged it to emulate General Motors Co.’s 2014 ...

DETROIT – Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing a deadly air bag defect blamed for at least 16 deaths ...

DETROIT --Japan's Takata Corp. refused to comply with a U.S. government demand for an expanded recall of its air bags that can explode and shoot out shrapnel, and instead passed along the crucial ...

DETROIT – Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for a years-long scheme to conceal a deadly defect in its ...

TOKYO—The chief executive of Takata Corp. said the company is diligently working to identify the root causes of why some of its air bags have exploded, a problem linked to five deaths and more ...

Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying ...