MAY 4, 2016 FILE PHOTO FILE - In this May 4, 2016 file photo, visitors look at child seats, manufactured and displayed by Takata Corp. at an automaker's showroom in Tokyo. Money-losing Japanese air bag maker Takata Corp. hired financial advisory and asset management firm Lazard Thursday, May 26 to
Regulation
UBER SLAMMED WITH $8.9 MILLION FINE IN COLORADO, USA
Uber’s run of good news since Dara Khosrowshahi took over has ended as the ride-sharing app has been fined by Colorado authorities to the tune of $8.9 million. Uber was accused of allowing 57 people to drive for it. These individuals did not have valid driver’s licenses or had committed other offences that
U.S. rejects Ford petition to delay recall of three million vehicles
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recalling about 3 million vehicles with potentially defective air bag inflators to conduct additional testing. The agency said it did not find the request by the second-largest U.S.
Automakers Have Replaced Only 43% of The Faulty Takata Air Bag Inflators
Honda recalls 900,000 Odyssey minivans; 2nd row seat may tip
A Honda Odyssey. (AP Photo/Honda Motor Company, File) NEW YORK (AP) — Honda is recalling about 900,000 of its Odyssey minivans because the second-row seats may tip forward if not properly latched. The recall announced Saturday covers vehicles from the 2011-17 model years. About 800,000 of the affected minivans were sold in
EU set to fine seatbelt, airbag cartel in coming weeks
BRUSSELS (Reuters) - The EU is set to fine a group of car seatbelt and airbag makers in the coming weeks, three people familiar with the matter said on Wednesday, the latest regulatory crackdown on price-fixing in the sector. The decision by the European Commission follows a six-year-long investigation which began
Air Peace Secures IATA Certification
Air Peace B737-300 taxing at Sokoto Airport Lagos – Air Peace has officially received the membership certificate of the International Air Transport Association (IATA) in its office in Lagos. The airline's Chief Executive Officer (CEO), Mr. Allen Onyema, assured air travellers of the carrier's dedication to safe and comfortable flight of operations. During the presentation of the
After 15 Years in Operation Abuja Airport Set for NCAA Safety Certification
Nnamdi Azikiwe International Airport Abuja Abuja - Indications have emerged that the Nnamdi Azikiwe International Airport, Abuja will get safety and security certification from the Nigerian Civil Aviation Authority before the end of this week, a very competent source close to the regulatory organization has said. The certification is coming about 15
Audi recalls 5,000 diesel cars to fix emissions control software
FILE PHOTO: The logo of German car manufacturer Audi is seen at a building of a car dealer in Duebendorf, Switzerland November 22, 2016. FRANKFURT (Reuters) - Audi is recalling almost 5,000 cars in Europe for a software fix after discovering they emitted too much nitrogen oxide, the polluting gas that
Airbus in Talks With U.S. Regulators About Compliance Violations
A logo of Airbus is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse European planemaker Airbus SE on Tuesday revealed the existence of discrepancies in its regulatory filings related to US arms trafficking rules. It disclosed it is in talks