🚀 ProPicks AI Hits +34.9% Return!Read Now

Japan automakers add 550,000 cars to Takata air bag recalls

Published 11/12/2014, 07:34
© Reuters. An airbag logo is seen on a steering wheel of Honda Motor Co's all-new hybrid sedan "Grace", which installed the airbag made by Takata Corp, during its unveiling event in Tokyo
HMC
-
TM
-
7201
-
7211
-

By Chang-Ran Kim and Mari Saito

TOKYO (Reuters) - Three Japanese automakers will recall more than half a million cars globally to replace air bag inflators made by Takata Corp <7312.T>, bringing the total tally of Takata-related recalls across all brands to around 20 million since 2008.

The recalls announced on Thursday by Honda Motor (T:7267), Nissan Motor (T:7201) and Mitsubishi Motors (T:7211) correspond with a similar, precautionary recall by Toyota Motor (T:7203) last week after a recent "unusual deployment" of a passenger-side air bag at a scrap yard in Japan.

Honda, Takata's biggest customer, said it would recall an estimated 400,000 vehicles globally, including about 177,000 in Japan across 11 models such as the Stream minivan, Fit subcompact and Civic hybrid produced in 2003.

The rest include about 100,000 in Europe and 70,000 in Asia-Pacific, and none in the United States, Honda said.

A spokeswoman said Honda would need to set aside more reserves to pay for the latest recalls, as well as the voluntary expansion to the rest of the world of a region-specific recall that had been limited to certain hot and humid areas in the United States.

She said she could not disclose a specific figure.

Honda has now recalled about 13.4 million vehicles globally for Takata air bag inflators since 2008 - about half of those to investigate what could be the root cause of the defects. U.S. regulators last month ordered Takata to move forward with a nationwide expansion of the regional recall, but Takata has refused, effectively putting the onus for voluntary recalls on the car makers.

Honda said that if the cause is identified and Takata is at fault, it would negotiate a return of some or all of the recall costs from Takata.

NISSAN, MITSUBISHI

The recalls were triggered by an unusual explosion of a Takata air bag inflator in a 2003-model Toyota Will Cypha at a scrapyard in central Japan last month. Toyota recalled 185,000 vehicles from 2003 that were equipped with the same type of inflator, made at Takata's Monclova factory in Mexico.

Nissan estimated its global recall would cover 152,000 cars, including 82,000 in Japan, 49,000 in Europe and 6,000 in China for 2003 and 2004 model-year vehicles. Mitsubishi will recall 304 Lancer sedans in Japan only.

A total of about 3.05 million vehicles have now been recalled in Japan by a dozen automakers.

© Reuters. An airbag logo is seen on a steering wheel of Honda Motor Co's all-new hybrid sedan "Grace", which installed the airbag made by Takata Corp, during its unveiling event in Tokyo

Nissan separately recalled 250,000 Note, March and Latio cars in Japan to fix faulty side-view mirrors.

(Reporting by Chang-Ran Kim; Editing by Chris Gallagher and Ian Geoghegan)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.