The Traderszone Network

Published in TZ Latest News 20 May, 2015 by The TZ Newswire Staff

Japan auto lobby chief: hopes for report on Takata problems by year-end

The head of Japan’s auto lobby said on Thursday he hopes for an interim report on the cause of Takata Corp’s (7312.T) air bag problems by the end of the year from any one of the teams investigating the issue. More than 50 million cars have been recalled worldwide since 2008 over Takata’s potentially deadly air bag inflators that can explode with too much force and spray metal shards inside the car.

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