TwinTurbo.NET: Nissan 300ZX forum - Burning through cash like Grant went through Richmond.
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Subject Burning through cash like Grant went through Richmond.
     
Posted by ttz'in (norcal) on July 12, 2017 at 2:36 PM
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In Reply To I heard they declared bankruptcy posted by Stanky (BC) on July 12, 2017 at 02:15 PM
     
Message Correct, and as Nate (NoVA) stated, about the only player for years.

42 million vehicles plus another new 2.7M with a new type of inflator.
Most of the company's assets will be bought by rival Key Safety Systems for about $1.6 billion (175 billion yen). Remnants of Takata's operations will continue to make inflators to be used as replacement parts for 19 affected automakers.

     
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