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Auto Components Auto Parts and Equipment

  • *Takata files for protection in Japan, U.S. *Liabilities estimated by analysts at $15 bln. TOKYO/ WASHINGTON, June 26- Japan's Takata Corp, at the center of the auto industry's biggest-ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely acquired for $1.6 billion by the Chinese-owned U.S.-based Key...

  • *Takata files for protection in Japan, U.S. TOKYO/ WASHINGTON, June 26- Japan's Takata Corp, at the center of the auto industry's biggest-ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely acquired for $1.6 billion by the Chinese-owned U.S.-based Key Safety Systems. TK Holdings, its U.S....

  • *Takata files for protection in Japan, U.S. TOKYO/ WASHINGTON, June 26- Japan's Takata Corp, the firm at the center of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely acquired for $1.6 billion by the Chinese-owned U.S.-based Key Safety Systems.

  • *Takata files for protection in Japan, United States. TOKYO, June 26- Japan's Takata Corp, the firm at the center of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based rival Key Safety Systems. Takata Americas, its U.S. arm, filed for Chapter 11...

  • TOKYO, June 26- Japan's Nikkei share average ticked up on Monday, clinging near two-year high hit last week, on positive views of the global economy, though turnover was at the lowest level in more than two months. "The 20,000 level is a key support level with positive focus to increase on stock specific earnings, corporate actions and return-on-equity increases,"...

  • TOKYO, June 26- Japanese airbag maker Takata Corp has filed for bankruptcy protection in the United States and Japan. The company says it is facing between $10 billion and $50 billion in liabilities from almost a decade of recalls and lawsuits linked to its defective air bag inflators, which could explode with too much force, sending metal shrapnel into vehicle...

  • *Takata files for protection in Japan, U.S. TOKYO, June 26- 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 bought for $1.6 billion by U.S.-based Key Safety Systems. TK Holdings, its U.S. operations, filed Chapter 11 bankruptcy in Delaware...

  • TOKYO, June 26- Japan's Nikkei share average ticked up on Monday morning as the dollar-yen held steady, while investors' attention fell squarely on Takata Corp after it filed for bankruptcy protection. The Tokyo Stock Exchange said shares of Takata would be delisted on July 27 after it filed for bankruptcy protection. "Takata's bankruptcy is bad news, but since...

  • TOKYO, June 26- Embattled airbag maker Takata Corp on Monday filed for bankruptcy protection in Japan and said it would seek $1.588 billion in financial aid from U.S.-based auto parts supplier Key Safety Systems. The filing at the Tokyo District Court followed a Chapter 11 bankruptcy protection filing in the United States. The Tokyo Stock Exchange said shares...

  • TOKYO, June 26- Embattled airbag maker Takata Corp on Monday filed for bankruptcy protection in Japan and said it would seek $1.588 billion in financial aid from U.S.-based auto parts supplier Key Safety Systems. The KSS deal would help it deal with the fallout from its defective airbag inflators at the centre of the global auto industry's biggest ever recall,...

  • *Takata board held meeting this morning in Tokyo- Japan media. *Bankruptcy filings coming soon in Japan- Reuters sources. TOKYO, June 26- Japan's Takata Corp, the firm at the centre of the auto industry's biggest ever product recall, will file for bankruptcy protection in Japan on Monday with liabilities of more than 1 trillion yen, a source said.

  • TOKYO, June 26- Japan's Takata Corp decided on Monday to file for bankruptcy protection in Japan with liabilities of more than 1 trillion yen, Japanese media reported, as the auto parts supplier has struggled due to its defective air bag inflators at the centre of the auto industry's biggest ever product recall. Chapter 11- style bankruptcy protection...

  • OIZUMI, Japan, June 21- Japan's nearly 200,000- strong Brazilian immigrant community live in pockets scattered across the middle of the country, clustered around auto parts factories or warehouses where they have jobs. Japan saw a big influx of Brazilian immigrants after it revised immigration laws in 1990 to encourage second- and third-generation...

  • SAN FRANCISCO, June 19- Canadian auto supplier Magna International Inc will produce BMW's new 5- series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global automakers. The BMW 530 plug-in hybrid will be manufactured beginning this summer at Magna's plant in Graz, Austria,...

  • *Tokyo bourse suspends trading in Takata shares. NEW YORK/ WASHINGTON, June 15- Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works toward a deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, sources said on...

  • NEW YORK/ WASHINGTON, June 15- Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works toward a deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, sources said on Thursday. The company plans to begin proceedings in...

  • NEW YORK/ WASHINGTON, June 15- Japanese air bag maker Takata Corp is preparing to file for bankruptcy as early as next week as it works toward a preliminary deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, people familiar with the matter said on Thursday. Also at stake is $850 million owed by the Japanese airbag system maker to major...

  • NEW YORK, June 15- Japanese air bag maker Takata Corp is preparing to file for bankruptcy as early as next week as it works toward a preliminary deal for financial backing with U.S. auto parts maker Key Safety Systems Inc, people familiar with the matter said on Thursday. Takata, one of the world's biggest automotive suppliers, has been working on finalizing a deal...

  • TOKYO, June 5- Japan's Nikkei share average barely moved on Monday, capped by a stronger yen but retaining enough momentum to stay close to a 22- month high scaled the previous session. It reached an intraday peak of 20,239.81 on Friday, its highest since August 2015 during a bullish week for global equities which saw Wall Street shares reach record highs.

  • TAIPEI, June 2- Chipmakers switched focus at Taiwan's top tech fair this week with bets on new areas such as driverless cars, virtual reality and artificial intelligence, shifting away from smartphones where intense competition has pushed down components prices. The Computex Taipei event, now in its 36th year, has historically been a central venue for...