The Hammer Drops On Takata As Automakers Recall 12 MILLION More Vehicles

Eight automakers said today they are recalling more than 12 million U.S. vehicles for defective Takata airbags, expanding the largest-ever auto safety push, documents posted by U.S. regulators showed.

Honda Motor Co. is recalling 4.5 million U.S. vehicles while Fiat Chrysler Automobiles is recalling 4.3 million, according to the documents. The new recall is focused on passenger-side airbag inflators, while prior recalls were for driver-side inflators.

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TheSteve - 5/27/2016 10:24:09 AM

+1 Boost

How do you spell bankruptcy? T-A-K-A-T-A

TomM - 5/28/2016 11:42:43 AM

+2 Boost

I originally said that Takata - which makes other things for cars that just air bag inflators - that either they would SPIN OFF the Air Bag division from the rest of the company or sell the rest of the company. And then they would declare bankruptcy reorganization -effectively cutting off their liability for the air bag fiasco.

TheSteve - 5/28/2016 2:03:02 PM

0 Boost

TomM: Sounds like a plan!