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© (c) Copyright Thomson Reuters 2015.Mazda, Mitsubishi add 630,000 more cars to Takata airbag recall
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© (c) Copyright Thomson Reuters 2015.
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Iron Clad Templar
This seems to be the well planned end of the Takata Group, so along with every car maker in the world recalling all cars with Takada Air Bag and a current cap rate of just under 1 billion dollars. There is no way the company can survive, unless they get smart really quickly and enter voluntary bankruptcy proceedings. Get their lawyers to sort out the facts from the fiction(how many people have been injured or has died as a result of the faulty air bags?)and begin to deal with the regulators/car markers in a reasonable way. The other air bag makers must also be scared, as they are next on the list, should something go wrong ! Good luck with the courts, but keep up your business as I for one was very happy to have a Takata made bag a couple of years back when I was blind sided by red signal breaker, saved my life.