Takata’s Cash Burns as Air-Bag Maker Searches for a Savior now
That compares with the company’s market capitalization of about $312 million, which has shrunk by almost 80 percent since the crisis began in April 2013. The auto-parts maker has estimated cash and equivalents may drop another 24 percent to 49.7 billion yen ($456 million) by the end of March 2017 if recalls continue at the current pace, […]
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