Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths of at least 16 people.
With just a third of the defective Takata air bag inflators replaced nationwide, the corporate blame game of who will take responsibility — and pay — for the issue has shifted into another gear.
When Joshua Brown's Tesla slammed into the side of a tractor-trailer last year at more than 70 miles per hour, the fatal accident became the world's first known car crash involving a partly autonomous vehicle.
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Two Tampa residents are suing an auto lending company that they say tricked them into a much longer loan than advertised and tacked on $36,000 to the loan through a confusing debt cancellation product.