Inflator Inquisition: NHTSA launches new probe to root out remaining Takata airbags
Toronto, Ontario — Like a kid with a stick and a dead squirrel, the NHTSA is launching a new probe to root out the remaining Takata airbags still rolling down U.S. roads. The new probe, launched on Friday by the National Highway Traffic Safety Administration, is to involve an engineering analysis on more than 30 […]
Assets in Airbags: Lacero Solutions turns airbags to recyclable materials
Toronto, Ontario — When the Takata airbag crisis first gripped the globe in 2018, Keshav Kochhar and his team saw an opportunity and took to the drawing board to create an innovative solution for safely destroying and recycling end-of-life and defective/recalled airbags. Since then, their company Lacero Solutions has received and deployed 275,000 airbags and […]
Tuesday Ticker: February 2, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Magna teases big outcomes regarding its forthcoming partnership with LG, a Toronto-based auto parts manufacturer sets its sights on the TSX and Ford files Takata-related losses with the U.S. Securities and Exchange Commission. Magna charges on An impending electrified partnership between Aurora, Ont. based parts manufacturer Magna […]
Takata Troubles: Ford to pay US$610 million in recalling three million cars across the U.S. and Canada
Oakville, Ontario — Ford lost its appeal to the U.S. federal safety regulators this week resulting in the automaker having to dish out US$610 million to replace faulty Takata airbags in 3 million cars and trucks across North America. In an attempt to avoid the airbag recall, the automaker filed the appeal and conducted its […]
Inflated Expectations: U.S. Government to meet with OEMs after airbag recall delay
By CRM Staff Buffalo, New York — May 15, 2018 — The U.S. Government has warned ten major car manufacturers that they must speed up the recall of more than 70 million defective airbag inflation devices in cars across the United States. Already linked to more than 20 deaths and hundreds of injuries, […]
Friday Fun: Legal weed blamed for uptick in collisions; trailer stolen with $200,000 worth of tools inside
By Jeff Sanford Toronto, Ontario — June 29, 2017 — In this week’s edition of Friday Fun we look into a study out of the US that seems to link legalized marijuana with an increase in crashes, a stolen mobile hail repair unit that held $200,000 worth of tools, new luxury auto brands and the […]
Former Takata execs charged, Ford and Honda expand recall
By Mike Davey Detroit, Michigan — January 15, 2017 — Three former employees of Takata have been formally indicted by a US federal grand jury in Detroit. The charges stem from the well-known issues surrounding Takata airbags in recent years. The executives are alleged to have concealed defects in the company’s airbag inflators. A statement […]
Takata airbag recall continues to expand
Detroit, Michigan — May 30, 2016 — The Takata airbag recall continues to grow. On Friday, the Japanese transport ministry announced that 7 million additional recalls related to Takata, covering air bag inflators that do not have a chemical drying agent. The US-based National Highway Traffic Safety Administration (NHTSA) has also posted documents showing recalls […]
Friday Fun: Airbag scandal balloons, Ontarians get trikes and Warren Buffett knows what’s up
By Jeff Sanford Toronto, Ontario — March 4, 2016 — It’s time for another round of the stuff you may have missed in the week that was. This week, we look at yet more recalls due to faulty airbags, how Campagna Motors will finally be able to sell its extremely cool trikes in Ontario and […]
Total Takata airbag recall now possible
By Jeff Sanford Toronto, Ontario — February 17, 2016 — The Takata airbag saga seems to be inflating to a new level of complexity and concern. Last month Federal safety regulators in the US confirmed that a South Carolina man died in December as a result of an explosion in a Takata airbag that wasn’t […]
