Filed under: Earnings/Financials,Government/Legal,Japan
Bankruptcy opens the door to a financial rescue from U.S.-based auto parts supplier Key Safety Systems, which Takata tapped as its preferred financial sponsor as it must keep churning out millions of replacement airbag inflators.
Takata US subsidiary files for Chapter 11 bankruptcy, Japanese procedure expected to follow originally appeared on Autoblog on Sun, 25 Jun 2017 20:05:00 EDT. Please see our terms for use of feeds.
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