The Traderszone Network

Published in TZ Latest News 19 May, 2015 by The TZ Newswire Staff

Takata doubling U.S. recall for defective air bags to 34 million vehicles

Japanese air bag manufacturer Takata Corp (7312.T) has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. The recall, which still does not identify the reason why the problem is occurring, involves passenger and driver-side air bags in vehicles made by 11 automakers.