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Takata files for bankruptcy protection

Posted online June 26, 2017 | 11:46 am

Crippled by vast airbag recalls, Japan's Takata filed for bankruptcy.

The company also announced it would sell its surviving operations to a Chinese-owned American rival, Key Safety Systems.

Carmakers have recalled nearly 70 million of the company's airbags. They've been linked to at least 14 deaths.

Read more from The New York Times.

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