Takata Seals $1.6B Sale of Assets to Key Safety
The proceeds from the deal will be used to cover legal costs resulting from the exploding airbag scandal that drove Takata into Chapter 11.
Quality-Control Scandal Engulfs Kobe Steel
The steelmaker has admitted data falsification involving aluminum, copper and iron ore products, further tarnishing Japan's manufacturing reputation.
Japanese Airbag Maker Files for Bankruptcy
The company faces billions in liabilities over airbag recall.