Troubled auto parts maker Takata reports third consecutive annual loss

Japan’s Takata Corp (7312.T) on Wednesday reported a full-year net loss of 79.6 billion yen ($699.04 million) – its third consecutive annual loss – as the embattled auto parts maker faces bankruptcy over costs related to the recall of its potentially deadly air bag inflators.

Sourced through Scoop.it from: uk.reuters.com

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