Categories Earnings, LATEST

Exploding airbags: Australia orders recall on vehicles with Takata fittings

Over two million vehicles with airbag issues were ordered to be recalled by the Australian government.

The airbags, made by Japanese company Takata, have been linked to more than 20 deaths and over 200 injuries worldwide. Australia saw two tragic incidents last year in which a man was killed and a woman seriously injured.

This is one of the biggest product recalls seen to-date in Australia, even with many voluntary recalls preceding it.

About 2 million vehicles with Takata airbags are involved in the recall. Affected brands include Toyota, Volkswagen, Ford, and Mitsubishi.

The defect comes from high levels of moisture getting into the airbags leading to the explosion and scattering of shrapnel.

The affected vehicles include models made by leading automobile companies such as Toyota, Volkswagen, Ford, and Mitsubishi.

The manufacturers will pay for the replacements which are expected to be completed by the end of 2020.

About 2 million vehicles with Takata airbags are involved in the recall. Affected brands include Toyota, Volkswagen, Ford, and Mitsubishi

 

Takata’s defective airbags prompted extensive recalls across the world.

These included several million vehicles in the US, leading to a fine on the company on corporate criminal charges.

The scandal led to the end of Takata which eventually filed for bankruptcy last year.

Most Popular

Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results

Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where

What to look for when United Airlines (UAL) reports its Q4 2025 earnings results

Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for

Infographic: How Constellation Brands (STZ) performed in Q3 2026

Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top