Is Salvation Near for Fallen Airbag Giant Takata?

The company behind one of the largest safety recalls in automotive history might have a lifeline thrown its way.

Takata, the manufacturer at the heart of the exploding airbag scandal, is being courted by private equity firms, Bloomberg reports, with at least one high-profile company already in close talks.

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Akerson Named Vice Chairman Of Carlyle Group Board Of Directors

Former General Motors CEO Dan Akerson has been named Vice Chairman to the private-equity firm Carlyle Group’s board of directors, where he will act as special adviser to the firm’s investment teams, managment and the board itself.

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  • SilverHawk Growing up in California, I ran the Corkscrew in a number of different low power sports cars, but nothing really fast. I had a real blast doing it in a 66 Barracuda Formula S that I could barely handle through the curves. The car had more skill than I had. Quite an experience.
  • Fred This is one car I never see anymore. Where did they all go?
  • Daniel Bridger The increased cost of electricity is raging faster than the government's manipulation of ICE fuel.
  • Zipper69 Why the choice of a four door shell.Packing this tech into Stinger would have been awesome.
  • Eric I have no desire to have an EV. Too expensive, no charging facilities within 50 miles are even planned, unproven technology, arguably even more environmentally harmful than ICE vehicles. Besides being a status symbol and to signal virtue, what's to like?