Airbag maker enters agreement to recall to 34 million cars

Takata Corp. jointly announced the decision with the National Highway Traffic Safety Administration on Tuesday. Execs and officials called it a step forward for safety.

Ragan Insider Premium Content
Ragan Insider Content

In February, a crisis involving potentially dangerous airbags seemingly led to Honda’s CEO stepping down. The company that made the airbags, Takata Corp., had refused demands for a recall.

Tuesday, the airbag maker changed its tune, announcing that it had come to an agreement with the National Highway Traffic Safety Administration to issue a recall of 34 million cars. That’s about double the number of cars that had been voluntarily recalled by automakers including Toyota, BMW, Fiat Chrysler, Ford, General Motors, Honda, Mazda, Mitsubishi, Nissan and Subaru.

In a press release, ShigehisaTakada, chairman and CEO of Takata, said:

To read the full story, log in.
Become a Ragan Insider member to read this article and all other archived content.
Sign up today

Already a member? Log in here.
Learn more about Ragan Insider.