Takata’s defective airbags recall continues as bankruptcy beckons

Takata’s defective airbags recall continues as bankruptcy beckons
 

Earlier this month, people injured by the air bags, which degrade over time and can inflate with excessive force, were appointed to their own official committee in the Japanese company's US bankruptcy, giving them a powerful voice in the proceedings. 
This unusual committee, which includes people whose cars lost value due to the recall, will be pitted against Honda Motor Co, Toyota Motor Corp, and other automakers. 
The car companies have been trying to use the bankruptcy to limit their liability for installing the faulty air bags, said Kevin Dean, a Motley Rice attorney who represents... read more

 
17 July 2017 in World News, Views: 52
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