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Takata books another loss on airbag debacle


Takata Corp, the second largest auto safety parts supplier in the world, has announced it would incur a loss of around 45 billion yen ($440 million) in the April-June quarter because of its airbag problems. The parts maker has been plagued by massive recalls – with many automakers calling back the vehicles equipped with Takata produced airbag inflators because of increased ...
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