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Old 06-26-2017   #1
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Exclamation Takata.........filed for bankrupcy.

It’s official: Takata has filed for bankruptcy protection in the U.S. and Japan. After months of searching for a buyer, the struggling airbag company has agreed to sell its assets to Key Safety Systems, a Michigan-based supplier.Vehicles affected by Japanese auto supplier Takata's air bag recall will continue to receive repairs despite the company's bankruptcy filing Sunday.Dealers will notify owners when they are eligible for free repairs in the largest recall in U.S. history.Repairs are expected to take through the end of the decade. The oldest cars in the most humid conditions are generally eligible to be repaired first, since the ammonium nitrate propellant in their air bag inflators is most likely to degrade.
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Last edited by ROUSH 4; 06-26-2017 at 07:41 PM.
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Old 06-30-2017   #2
 
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Default Re: Takata.........filed for bankrupcy.

and mean while you cant trade in the cars with the open recall
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Old 06-30-2017   #3
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Cool Re: Takata.........filed for bankrupcy.

Quote:
Originally Posted by mustangted View Post
and mean while you cant trade in the cars with the open recall
Excellent point, Ted.
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