TOKYO (Reuters) - Honda Motor Co. (T:7267) said on Monday it was not considering fresh lending to Takata Corp (T:7312), the auto parts supplier at the centre of a global recall over faulty airbag inflators, either on its own or as part of a group of Japanese automakers.
"We are not considering joint lending (to Takata)," a Honda spokesman said, following a report by Japan's Sankei newspaper that automakers were discussing fresh financial support for the supplier.
Takata in November was fined $70 million by regulators in the United States, where the majority of deaths and recalls involving the inflators occurred, and where the manufacturer faces class action lawsuits related to the issue.