TOKYO (Reuters) – Takata Corp’s (7312.T) bankruptcy filing last month was meant to draw a line under the auto industry’s biggest safety recall, but last week’s announcement of more air bag inflator recalls suggests automakers could face fresh liabilities in the future.
In late-2015, U.S. regulators gave Takata until the end of 2019 to prove that its air bag inflators – which now have a drying agent to combat moisture that can degrade the ammonium nitrate compound in its inflators, with potentially lethal results – are also safe.
