🚀 ProPicks AI Hits +34.9% Return!Read Now

Japan to phase out Takata inflators at centre of recall by mid-2018

Published 04/12/2015, 10:30
Updated 04/12/2015, 10:40
© Reuters. A logo of Takata Corp is seen with its display as people are reflected in a window at a showroom for vehicles in Tokyo
HMC
-
TM
-
7312
-

TOKYO (Reuters) - Japan on Friday ordered automakers to phase out by mid-2018 use of the Takata Corp (T:7312) air bag inflators that are at the centre of a global recall, bringing regulations in line with those of the United States where the recall began.

Automakers including Honda Motor Co Ltd (T:7267) and Toyota Motor Corp (T:7203) have already said their new models would not feature the non-desiccated ammonium nitrate inflators that have been linked to eight deaths.

Regulators suspect such inflators exposed to moisture can deploy with more force than intended and spray shrapnel into vehicles.

Japan's transport ministry on Friday said it updated its regulations after a Takata inflator was suspected of causing minor injuries to a passenger in a car accident.

© Reuters. A logo of Takata Corp is seen with its display as people are reflected in a window at a showroom for vehicles in Tokyo

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.

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.