 "Shigehisa Takada")
The expected bankruptcy of troubled airbag maker Takata isn’t just a crisis for its employees and suppliers. It also throws a wild card into one of the biggest and most complicated recalls in automotive history.
The Japan-based auto supplier has pledged to recall and replace tens of millions of defective air-bag inflators used by 19 car and truck makers around the world, from Tesla to Toyota Motor. A filing to restructure in US bankruptcy court, which could come as early as Monday according to people familiar with the matter, doesn’t relieve a manufacturer of recall responsibilities. However, should its
The Japan-based auto supplier has pledged to recall and replace tens of millions of defective air-bag inflators used by 19 car and truck makers around the world, from Tesla to Toyota Motor. A filing to restructure in US bankruptcy court, which could come as early as Monday according to people familiar with the matter, doesn’t relieve a manufacturer of recall responsibilities. However, should its
