Takata's search for a savior could drag into next year

The plan to sell beleaguered Takata to a rescuer, slated by year-end, is likely to extend into next year as some bidders want to drag the airbag maker through bankruptcy to wipe out most of its debt, people with knowledge of the matter said.

from Automotive News Breaking News Feed http://ift.tt/2cF1ayq via Falls Church auto repair