Mexican Media Brands
NHTSA Won’t Consider Takata’s Viability in Ordering Airbag Recalls
The National Highway Traffic Safety Administration says its rulings about future recalls of Takata Corp. airbag inflators will be driven only by concerns about consumer safety and not the financial impact on the company.
#economics #regulations
Share
The National Highway Traffic Safety Administration says its rulings about future recalls of Takata Corp. airbag inflators will be driven only by concerns about consumer safety and not the financial impact on the company.
An unidentified source told Bloomberg News earlier this week that Takata has estimated that recalls to replace its explosion-prone inflators could cost $24 billion. Takata says an accurate estimate won’t be possible until continuing investigations determine the exact cause of the misfires and thus how many devices should be recalled.
A dozen carmakers have so far called back roughly 50 million Takata inflators among some 288 million in service worldwide.
RELATED CONTENT
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.