Faulty airbags lead to more recalls

Japanese car giants Honda and Daihatsu are recalling five million cars globally due to a potentially deadly airbag fault. This announcement comes just days after Toyota Motor Corporation and Nissan Motor Company said they are recalling some 6.5 million vehicles due to the airbags that were made and supplied by Takata Corporation.

So far, there have been six deaths linked to Takata airbags, all of which have been in Honda cars. All other carmakers said the recalls were precautionary and no accidents or injuries had been reported.

This latest announcement will bring the total number of vehicles to be recalled to 31 million vehicles worldwide since 2008, as a result of the Takata airbag inflators, which can allegedly explode under pressure and spray shrapnel inside the car.

As a result of the recalls Takata faces multiple class action lawsuits and criminal and regulatory investigations in North America.

Following the latest recall, Takata’s shares were down 5.6% in Tokyo.