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airbag recall

Takata’s Huge Airbag Problem Is Getting Even Worse as Toyota Recalls 600,000 Cars

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Reuters
Reuters
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Reuters
Reuters
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January 10, 2018, 7:25 AM ET

Toyota Motor (TM) said on Tuesday it was expanding its safety recall involving Takata front passenger air bag inflators to cover about 601,300 additional vehicles in the United States.

Takata (TKTDY) and its U.S. Entity TK Holdings filed for bankruptcy in June after it said it was recalling more than 100 million of its air bag inflators worldwide through the end of 2019 because they could inflate with too much force and spray metal fragments.

Air bags with the inflators have been linked to at least 180 injuries and 20 deaths, mostly in the United States including one in Louisiana that was identified last month.

Read: Honda Settles Takata Air Bag Claims for $605 Million

The U.S. National Highway Traffic Safety Administration on Saturday posted a notice from Takata that said the company would recall another 3.3 million inflators for vehicles from automakers including Toyota, Honda Motor, BMW, Daimler, General Motors, Tata Motors Jaguar Land Rover unit and Subaru.

NHTSA said in November that 19 automakers had recalled 46 million inflators in 34 million U.S. Vehicles — and by 2019 as many as 70 million U.S. Inflators will have been recalled. In June, the agency said only about 35% of vehicles recalled have been repaired to date.

In January 2016, Takata agreed to plead guilty to criminal wrongdoing and pay $1 billion to resolve a U.S. Justice Department investigation into the inflator ruptures.

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