Recalls Likely to Saddle Takata With Record Net Loss in Fiscal 2014


TOKYO, Aug 7 (Reuters) - Auto parts maker Takata Corp said it expects a record net loss of 24 billion yen ($235 million) in the year to March 2015, hit by one of the biggest series of recalls in automotive history due to potentially explosive air bag inflators. The world's second-biggest automotive safety parts maker also on Thursday posted a 38.65 billion yen net loss for the April-June quarter, reversing a 4.22 billion yen net profit from the same period a year ago. A full-year loss ...


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Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


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