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US: new recalls show Takata crisis is far from containment


At least 16 million cars have been recalled worldwide – with more than 10 million units in the US alone – because of potentially defective Takata airbags. And the latest safety scandal seems to be far from over. While ten automakers have been recalling cars around the globe since 2008 and since 2013 at least 10 million autos have entered into ...
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US Senate hearing sees Takata making excuses for massive airbag recalls
Since 2008, millions of cars equipped with Takata airbags have been recalled worldwide, and safety campaigns in 2013 and 2014 have seen at least 8 million vehicles called back in ...
GM is an investor opportunity: still fighting recalls but sales continue to go up
Relatively speaking, General Motors could be today the best bet for getting new stock in the auto industry: the record recalls could be over soon, sales are going up and ...
Recalls – the conundrum of modern day vehicle safety
Even as 2014 has seen two massive recall scandals, automakers continue to confuse US and worldwide drivers on a regular basis when it comes to safety campaigns that could potentially ...
Takata expands loss guidance for the year as airbag recall costs grow
Japan’s Takata Corporation was until recently a little known auto parts maker – although it’s the second largest in the world when it comes to safety equipments. Now, as the Japanese ...
US: GM says it’s not accountable for pre-2009 safety issues
General Motors posted a court filling this week in which the company claims it shouldn’t be held accountable for safety issues that arose before it exited bankruptcy back in 2009. The ...
Carlos Ghosn sees industry wide recalls mounting
The chief executive officer of the Renault – Nissan alliance is warning buyers that auto recalls would increase their number as the producers try to address quickly any quality issue ...
Mounting Toyota recalls show the automaker is under pressure
The Japanese automaker, the world’s largest auto company, is today in a shameful situation: federal regulators supervise its safety operations. The latest string of recalls is a sign that its ...
Another three GM recalls announced
General Motors has announced another three separate recalls because of several problems which are covering 60,575 vehicles in North America. According to the North American based automaker, three new separate recall ...
GM prepares to move past recalls with multi-year strategy
On Wednesday, GM’s chief executive Mary Barra is set to unveil a multi-year financial plan – akin to Marchionne’s five-year strategy for FCA – aiming to concentrate on delivering greater ...

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