Takata which is a Japanese parts supplier is now ready to file for bankruptcy. This comes after the company supplied defective airbag inflators being responsible for the largest automotive recall in history.

A US auto parts maker, Key Safety Systems is already interested in buying over Takata’s assets for the some of 180 billion yen (N592 billion). This acquisition will be concluded under the name of a newly found company which would continue supplying airbags, seatbelts and other automotive products

Takata’s problems started after being sanctioned for supplying about 100 million defective airbag inflators to automakers around the world. These inflators explode with excessive force when a crash occurs spreading fragments allover the cabin of the vehicle. This has killed at least 16 people and more than 180 have been injured.

Now, they’ve been found guilty of crime and fined $1 billion ( N370 billion) in settlement. They have already paid some victims.. one victim got $25 million (N9 billion) and another got $125 million (N46 billion) while some others will be paid in 2018.

Do we have any Nigerian that has a claim from Takata? Let’s hear you in the comment section.

https://autojosh.com/takata-reportedly-filing-for-bankruptcy-next-week-shares-suspended/

Lalasticlala
Mynd44
Ishilove
Marpol
Semid4lyfe
Obinoscopy
Seun

.

THIS IS A SAFETY ALERT!

About 4 years ago, a 6-year-old girl was killed in Asaba by an exploding airbag in a fender-bender.

This Takata airbag defect affects LOTS of cars, from Acura to Lexus, Audi , Mazda, BMW, Mercedes-Benz, Chrysler (includes Dodge, Jeep), Mitsubishi, Ferrari, Nissan, Ford/Lincoln, Subaru, General Motors (includes Pontiac, Saab), Tesla, Honda, Toyota/Scion, Infiniti, Volkswagen, Jaguar/Land Rover.

Cars at the highest risk of explosions are older cars located in regions of high temperature & high humidity (Nigeria being a very typical example).

Please CHECK HERE to see if your car is affected.
There's also a VIN-lookup tool to enter your VIN & know if your car has been recalled.

There are also other Safety Recalls of equal importance we should check out.
For more safety tips, visit NHTSA.gov

you mean one victim got N46billion?? How I wish I was one of the victims

this is seriously serious.

lofty900:
you mean one victim got N46billion?? How I wish I was one of the victims

careful what you wish for the recipients may actually be the victims family as the victims are probably dead

autojosh:
Takata which is a Japanese parts supplier is now ready to file for bankruptcy. This comes after the company supplied defective airbag inflators being responsible for the largest automotive recall in history.

A US auto parts maker, Key Safety Systems is already interested in buying over Takata’s assets for the some of 180 billion yen (N592 billion). This acquisition will be concluded under the name of a newly found company which would continue supplying airbags, seatbelts and other automotive products

Takata’s problems started after being sanctioned for supplying about 100 million defective airbag inflators to automakers around the world. These inflators explode with excessive force when a crash occurs spreading fragments allover the cabin of the vehicle. This has killed at least 16 people and more than 180 have been injured.

Now, they’ve been found guilty of crime and fined $1 billion ( N370 billion) in settlement. They have already paid some victims.. one victim got $25 million (N9 billion) and another got $125 million (N46 billion) while some others will be paid in 2018.

Do we have any Nigerian that has a claim from Takata? Let’s hear you in the comment section.

https://autojosh.com/takata-reportedly-filing-for-bankruptcy-next-week-shares-suspended/

Lalasticlala
Mynd44
Ishilove
Marpol
Semid4lyfe
Obinoscopy
Seun

OP the highlighted is incorrect.

Back to the topic;

A company has N592billion as assets and yet are filing for bankruptcy.
Davido has an imaginary N30billion and the whole world knows.

why wud they give sum1 46billion wen d person no die yl NYSC r giving dead pipo Imillion




This takata coy is a racist organisation

Let's just hope the new company taking over will do a better job....... Didn't they test the airbags before supplying them??

lofty900:
you mean one victim got N46billion?? How I wish I was one of the victims

THE VICTIMS MOST CERTAINLY WILL HAPPILY SWARP PLACE WITH YOU. MONEY AINT EVERYTHING BUOY!

Can never happen in naija

What a sad one from Takata and the victims alike. They should have done trials on their own to avoid these avoidables but now its too late

lofty900:
you mean one victim got N46billion?? How I wish I was one of the victims

Do u know if the actual victim died in that incident or rendered in permanent disability. Is that what u could have wish for urself.?

Abeg my uncle died in Auto crash and all his family perished due to inferior airbag takata sold to TOYOTA... I'm the only surviving relative of the victims... I'm entitled to any compensation as the only survived victim relative... abeg how can I get my own share

lofty900:
you mean one victim got N46billion?? How I wish I was one of the victims

all the victims died few weeks after.

PHC1stBorn:

Do u know if the actual victim died in that incident or rendered in permanent disability. Is that what u could have wish for urself.?

In this hopeless Nigeria.. Yes.

46billion

eeeya


So they have billions in asset but still filing for bankruptcy ?

lofty900:
you mean one victim got N46billion?? How I wish I was one of the victims

plantain sense fall on u my broda.

lofty900:
you mean one victim got N46billion?? How I wish I was one of the victims

You have no need for that great health you are enjoying.
Wait until it's gone and you will appreciate that it is all not about money.

ZACHIE:

You have no need for that great health you are enjoying.
Wait until it's gone and you will appreciate that it is all not about money.

Don't mind him...

Nigerians worship money too much

NwaAmaikpe:


OP the highlighted is incorrect.

Back to the topic;

A company has N592billion as assets and yet are filing for bankruptcy.
Davido has an imaginary N30billion and the whole world knows.

Blackman and boasting are

Iniquity is bad. Nemesis will always return.

hmmm

NwaAmaikpe:


OP the highlighted is incorrect.

Back to the topic;

A company has N592billion as assets and yet are filing for bankruptcy.
Davido has an imaginary N30billion and the whole world knows.

In view of their contingent liabilities, they just might be truly bankrupt.
I did not notice i quoted this comedian.

DaimlerBen:
THIS IS A SAFETY ALERT!

About 4 years ago, a 6-year-old girl was killed in Asaba by an exploding airbag in a fender-bender.

This Takata airbag defect affects LOTS of cars, from Acura to Lexus, Audi , Mazda, BMW, Mercedes-Benz, Chrysler (includes Dodge, Jeep), Mitsubishi, Ferrari, Nissan, Ford/Lincoln, Subaru, General Motors (includes Pontiac, Saab), Tesla, Honda, Toyota/Scion, Infiniti, Volkswagen, Jaguar/Land Rover.

Cars at the highest risk of explosions are older cars located in regions of high temperature & high humidity (Nigeria being a very typical example).

Please CHECK HERE to see if your car is affected.
There's also a VIN-lookup tool to enter your VIN & know if your car has been recalled.

There are also other Safety Recalls of equal importance we should check out.
For more safety tips, visit NHTSA.gov

The driver of that vehicle should be jailed, international standards requires a child to be at least 12 years of age before occupying front passenger seat.

gmajor10:


The driver of that vehicle should be jailed, international standards requires a child to be at least 12 years of age before occupying front passenger seat.

Well, the child was hers, but that's not the point.
The accident wasn't severe enough to activate the airbag, yet it exploded.

DaimlerBen:

Well, the child was hers, but that's not the point.
The accident wasn't severe enough to activate the airbag, yet it exploded.

Defect or no defect, anyone under 12 should not be in front. They should be in the back seat buckled up. I drive round and see some men driving and carrying toddlers in front of the steering wheel, what happens when collision happens? Even if the other driver is at fault, still doesn't shield the negligence of victim. My personal take Sir

gmajor10:



Defect or no defect, anyone under 12 should not be in front. They should be in the back seat buckled up. I drive round and see some men driving and carrying toddlers in front of the steering wheel, what happens when collision happens? Even if the other driver is at fault, still doesn't shield the negligence of victim. My personal take Sir

You are very right