There seems to be no end in sight for the Takata saga that has many car manufacturers that rely on its product reeling from continuous financial blows.
One of the hardest hit of the car makers is the Honda Motor Company. The Japanese company recalled another 4.5 million units of their various models due to the faulty air bags supplied by Takata – a company in which they have a 1.2 per cent ownership stake.
This recalls broadens the borders of the largest recall in the vehicle sale industry with this particular one being Honda’s third largest this year alone. Despite other car makers like Toyota and Nissan being affected, Honda has borne the brunt of the saga by recalling affected cars in the excess of 24 million.
The affected vehicles are those that came off the production line in years from 2007 to 2011. In this recall however, 36 per cent of the affected units are local to Japan and the rest are not involved in any car export to the United States or Canada according to the spokesperson for Honda North America.
The Takata air bags have been found at fault of inflating with too much force that sends the shrapnel from the inflator hurtling into the cabin at speeds that result in injuries as well as death to the affected individuals within the car.
Honda however maintains that the vehicles involved in this recall have not been involved in any injuries or death as regards the airbags. Nevertheless this has not stopped the car rating of the company’s products to drop as seen by the recent activity in the stock exchange in Tokyo where the company’s stock fell by 0.1 per cent.
