Takata decides to file for bankruptcy - source

TOKYO (Reuters) - Japan's Takata Corp , the firm at the centre of the auto industry's biggest ever product recall, will file for bankruptcy protection in Japan on Monday with liabilities of more than 1 trillion yen (£7.05 billion), a source said.

from Reuters: Top News http://uk.reuters.com/article/uk-takata-bankruptcy-japan-idUKKBN19G0YW?feedType=RSS&feedName=topNews