Takata recall costs News

Takata Adding 2.7M Cars to Airbag Inflator Recall

Takata is adding 2.7 million vehicles from Ford, Nissan and Mazda to the long list of those being recalled to replace potentially dangerous airbag inflators. The inflators are a new type that previously was thought to be safe. Vehicles affected …

Takata Placing Worst-Case Recall Costs at $24B

Takata Corp., the supplier behind the auto industry’s biggest recall ever, estimated that a comprehensive callback of its airbag inflators would total about 2.7 trillion yen ($24 billion), according to a person familiar with the matter. The shares plunged to …