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.

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