Key Safety Systems, a Michigan-based supplier of safety components for manufacturers, has agreed to purchase maligned Japanese airbag manufacturer Takata for $1.6 billion, The Associated Press reported Tuesday. Takata’s ongoing airbag recall scandal forced the company into bankruptcy earlier this year. Tens of millions of vehicles were... Troubled Japanese airbag-maker Takata purchased by supplier Key Safety Systems
November 22, 2017 at 12:52 PM EST
Key Safety Systems, a Michigan-based supplier of safety components for manufacturers, has agreed to purchase maligned Japanese airbag manufacturer Takata for $1.6 billion, The Associated Press reported Tuesday. Takata’s ongoing airbag recall scandal forced the company into bankruptcy earlier this year. Tens of millions of vehicles were...
Key Safety Systems, a Michigan-based supplier of safety components for manufacturers, has agreed to purchase maligned Japanese airbag manufacturer Takata for $1.6 billion, The Associated Press reported Tuesday. Takata’s ongoing airbag recall scandal forced the company into bankruptcy earlier this year. Tens of millions of vehicles were... 