The Traderszone Network

Published in TZ Latest News 16 May, 2015 by The TZ Newswire Staff

As recalls mount, Takata, Japan automakers stuck in uneasy reliance

Honda on Friday unveiled a new model with an unusual sales pitch – fuel efficient, lots of cargo space and, by the way, no air bag inflators made by Takata, the Japanese supplier at the center of a global safety crisis that has rocked both companies. Over the past five years, recalls have ballooned to include 36 million vehicles fitted with potentially lethal Takata air bags, triggering a criminal investigation and lawsuits in the United States, and testing ties between Takata and its main customers, bankers and auto executives say.

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