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Key Safety Systems

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Takata, injured drivers reach deal to end U.S. bankruptcy

Takata, injured drivers reach deal to end U.S. bankruptcy

Takata Corp's U.S. unit reached a settlement with its creditors, lawyers for those injured by its deadly air bags and automakers.
Mon Feb 12 2018
Japanese airbag maker Takata files for bankruptcy, gets US sponsor

Japanese airbag maker Takata files for bankruptcy, gets US sponsor

In one of Japan's biggest bankruptcies, Takata is facing tens of billions of dollars in costs and liabilities resulting from almost a decade of recalls and lawsuits.
Mon Jun 26 2017
Air bag maker Takata to file for bankruptcy this month: sources

Air bag maker Takata to file for bankruptcy this month: sources

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.
Fri Jun 16 2017