The Automotive Recyclers Association has filed a lawsuit against Takata Corp., claiming that auto recyclers that wanted to salvage and resell Takata-made airbags will be unable to do so.
In its complaint, the association argued that Takata knew as early as 2004 that its airbags were defective, but that the company withheld information about the their reliability.
Recyclers “are not able to sell or trade these airbags because they are valueless,” the association said in a Feb. 10 press release. And that, in turn, means the recyclers overpaid for salvaged vehicles that contained the airbags.
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