Categories: Business

Honda and Daihatsu to Recall 5 Million Cars over Faulty Takata Airbag

Honda and Daihatsu have decided to recall some 5 million cars globally to replace potentially deadly airbag inflators made by Takata.

The move comes just a day after rivals Toyota and Nissan said they would be recalling 6.5 million vehicles over the same issue.

So far, the six deaths linked to Takata airbags have all been in Honda cars.

In April, Honda cut its profit growth forecast after missing the mark last year on recalls and other issues.

Honda said that the models affected included the Fit subcompact and would not affect its cars sold in the US, where most of the deaths occurred.

It plans to use replacement parts supplied by Sweden’s Autolive, Japan’s Daicel and Takata in the recalled cars.

Daihatsu, meanwhile, said it would recall the Mira minicar.

Other than Honda, all other carmakers said the recalls were precautionary and no accidents or injuries had been reported.

Investigations did show that Takata airbag inflators were not properly sealed and could be damaged by moisture. It is alleged that the airbags can burst under pressure, spraying shrapnel inside the car.

The latest announcements bring the total number of cars recalled because of Takata’s airbags to about 36 million since 2008.

The car equipment maker faces multiple class action lawsuits and criminal and regulatory investigations in North America.

Following the latest recall, Takata’s shares were down 5.6% in Tokyo.

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

5 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago