Deadly Air Bags Hit Automaker Share Prices

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Deadly Air Bags Hit Automaker Share Prices
bernardsie / Pixabay

The threat to safety has become so acute that Toyota Motor Corp (ADR) (NYSE:TM) (TYO:7203) is advising car owners not to allow passengers to ride in the front seat until it has replaced defective Takata Corporation (TYO:7312) (OTCMKTS:TKTDY) air bag parts. Four months ago the same advice was given in Japan.

Air bags manufacturer Takata is under investigation concerning the role of exploding shrapnel from its flawed parts in the death of four Honda Motor Co Ltd (ADR) (NYSE:HMC) (TYO:7267) drivers. One crash in Florida was even investigated as a homicide due to deep gashes in the neck of the deceased.

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