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Product Recalls

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  • *Takata says confident new air bags are safe. DETROIT, May 26- Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.

  • *Takata says confident new air bags are safe. DETROIT, May 26- Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.

  • Having taken the helm of the National Highway Traffic Safety Administration in January, Mark Rosekind has wasted no time in forcing reluctant companies into recalling millions of defective vehicles. In the past week alone, the agency announced the biggest recall in history, involving nearly 34 million vehicles with potentially deadly Takata Corp air bags.

  • *Some automakers explore Takata's rivals for replacement parts. *Takata shares fall 10 pct in Tokyo. DETROIT, May 20- Takata Corp's record U.S. recall of potentially deadly air bag inflators could take years to complete, industry experts and safety advocates said, as automakers scrambled to line up replacement parts, some not from Takata.

  • TIMELINE-Takata air bag recalls since 2008 Wednesday, 20 May 2015 | 2:24 PM ET

    Honda and Takata deny fault and settle for an undisclosed sum. Her family sues Honda and Takata for more than $75 million in April 2011, claiming they knew of the air bag problems as early as 2004. Honda and Takata settle in January 2013 for $3 million, according to court documents. 2011: April 27- Honda recalls 896,000 Honda and Acura 2001-03 cars in order to find...

  • May 20- A unit of ConAgra Foods Inc pleaded guilty to a criminal misdemeanor and will pay $11.2 million to end a federal probe into a 2007 recall of peanut butter, including the Peter Pan brand, linked to a salmonella outbreak that sickened hundreds. The plea agreement also calls for the unit to pay an $8.01 million criminal fine, a record in a U.S. food safety case, and...

  • May 20- A unit of ConAgra Foods Inc has pleaded guilty to a criminal misdemeanor and will pay $11.2 million to end a federal probe into a 2007 recall of peanut butter linked to a salmonella outbreak, court papers showed. ConAgra Grocery Products Co pleaded guilty to one count of introducing adulterated food into interstate commerce, will pay a $8.01 million...

  • Tracking Takata's crisis management Tuesday, 19 May 2015 | 11:08 PM ET
    Tracking Takata's crisis management

    Scott Upham, founder, president & chief executive officer at Valient Market Research, says the reluctance of Takata's management to go for a full-scale recall and a series of PR mishaps have damaged the firm's corporate reputation.

  • RPT-TIMELINE-Takata air bag recalls Tuesday, 19 May 2015 | 7:16 PM ET

    Honda and Takata deny fault and settle for an undisclosed sum. Her family sues Honda and Takata for more than $75 million in April 2011, claiming they knew of the air bag problems as early as 2004. Honda and Takata settle in January 2013 for $3 million, according to court documents. 2011: April 27- Honda recalls 896,000 Honda and Acura 2001-03 cars in order to find...

  • Takata's airbag recall will be biggest in US history Tuesday, 19 May 2015 | 6:37 PM ET
    Takata's airbag recall will be biggest in US history

    Karl Brauer, senior director, Insights at Kelley Blue Book, discusses news that air bag manufacturer Takata is doubling the number of vehicles that need to be recalled in the U.S.

  • Tracking down Takata car owners Tuesday, 19 May 2015 | 4:38 PM ET
    Tracking down Takata car owners

    CNBC's Phil LeBeau, and Jack Nerard, Kelley Blue Book, discuss Takata's huge recall of more than 33 million vehicles with defective airbags, and how car owners can find out if their car is involved.

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp is doubling a recall of air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. The recall, which still does not identify the cause of the problem, involves passenger and driver-side air bags in vehicles made by...

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata,...

  • Deadly air bags prompt historic vehicle recall Tuesday, 19 May 2015 | 3:01 PM ET
    This picture taken on May 8, 2015 shows child car seats from Japanese auto parts maker Takata at a Toyota showroom in Tokyo. The world's biggest automaker Toyota said on May 13 that its recall of five million vehicles affected 35 models globally produced between March 2003 and November 2007 due to faulty airbags made by embattled supplier Takata.

    The NHTSA confirmed Tuesday earlier reports that air bag manufacturer Takata plans to declare 33.8 million vehicles defective.

  • WASHINGTON, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata, requiring...

  • WASHINGTON, May 19- Top officials at the U.S. Department of Transportation and its National Highway Traffic Safety Administration will make a "major" announcement on Tuesday related to Takata Corp's air bag recalls, the department said. Transportation Secretary Anthony Foxx and NHTSA Administrator Mark Rosekind, will take place at 2 p.m., the department said in...

  • May 18- The Obama administration on Monday escalated a running regulatory battle with Fiat Chrysler Automobiles NV, saying it could impose "multiple penalties" on the automaker and order a public hearing to examine FCA's handling of 20 recalls affecting more than 10 million vehicles. The National Highway Traffic Safety Administration said Fiat Chrysler...

  • As part of a broader effort to get automakers to speed up the repair of recalled cars and trucks, the National Highway Traffic Safety Administration said FCA could face up to $700 million in fines and be required to buy back or replace vehicles if regulators find evidence that it failed in its legal recall obligations. The proceedings would be the broadest...

  • Honda on Friday unveiled a new model with an unusual sales pitch- fuel efficient, lots of cargo space and, by the way, no air bag inflators made by Takata, the Japanese supplier at the centre of a global safety crisis that has rocked both companies. Over the past five years, recalls have ballooned to include 36 million vehicles fitted with potentially lethal Takata...

  • May 15- Blue Bell Creameries said it would lay off about 750 full-time and 700 part-time employees, nearly a month after the ice cream maker voluntarily recalled all its products and stopped production due to bacterial contamination. The cuts will affect about 37 percent of the Brenham, Texas- based company's total workforce of 3,900, a decision Chief...