Takata Reportedly Filing for Bankruptcy

The massive Takata airbag recall is taking a toll on the company. Facing billions in liabilities from the defective airbag inflators, Reuters reports Takata is preparing to file for bankruptcy, and it could happen as early as next week. Takata is working towards a...

Porsche Wins Wild 24 Hours of Le Mans

It was delight sandwiched between devastation for Porsche at the 24 Hours of Le Mans, with its top-flight LMP1 team clawing its way out of the drama-filled race to claim victory. The No. 1 Porsche 919 Hybrid was virtually in cruise control following twin disasters...