Takata is seeking bankruptcy protection in the U.S. and Japan and will sell most of its operations to Key Safety Systems.
The Department of Justice is accusing three former Takata executives of manipulating inspection data to hide defects in the company's airbags.
Ford is adding more than 816,000 vehicles in North America to the growing Takata air bag inflator recall.
Takata Corp.'s troubles worsened Monday as the company confirmed that a truck carrying its inflators exploded last week.
The air bag inflators can crack and cause the bag to expand, which might send shrapnel flying. Another Toyota recall involves leaky fuel tanks.
Seven automakers are adding nearly 4.4 million vehicles in the U.S. to the massive Takata air bag inflator recall.
But that's not the only bad news — dealers are still selling brand-new cars with recalled Takata airbags.
Millions more vehicles added to the massive recall.
The nation's highway safety watchdog says about 85 million Takata air bag inflators haven't been recalled.
Multiple factors — including moisture and high humidity — can cause some Takata air bags to inflate with too much force.
The huge recall of deadly Takata airbags is expanding to include more recent car models. 12 automakers have been notified that more…