A prolonged (and apparently expensive) Honda recall to replace potentially dangerous Takata Corp. air bags has caused the Japanese automaker to cut approximately 6.5 percent of its profits from the company’s annual profit predictions. Instead, Honda is placing millions of dollars aside to ensure that the recalled vehicles are fixed. The Takata airbag recalls began when millions of cars from nine different auto manufacturers were recalled in June due to defective airbag inflators produced by the Japanese supplier Takata Corp. The recall notice claims that the airbags may burst from the defective inflators, resulting in metal fragments blasting into the ... Read More
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