Massive Air Bag Recall Could Drive Takata Into The Red

Now watching

Next video starts in : 7 Play

Massive Air Bag Recall Could Drive Takata Into The Red

Massive Air Bag Recall Could Drive Takata Into The Red
Replay video
Up next

Why We So Aren't Buying That

Unlock your personal NFL Now stream by signing in to NFL.com

Massive Air Bag Recall Could Drive Takata Into The Red

by Wochit 0:44 mins

Massive Air Bag Recall Could Drive Takata Into The Red

by Wochit 0:44 mins

Japanese auto parts maker Takata Corp could face a $500 million charge and a net loss this year - its second in three years - as a widening recall of air bag inflators begins to kindle worries despite its deep pockets. Automakers have recalled 10.5 million vehicles over five years to fix Takata air bags deemed at risk of exploding and shooting shrapnel at drivers and passengers, in what has become one of the five biggest recalls in automotive history. Creditors are not overly worried about the financial health of Takata, which has about $1 billion of cash on its books, banking sources said.

Wochit

Must Watch

  1. 2:18

    Steve Harvey Loses His Cool on ‘Family Feud’ on ‘This Week in Game Shows’

  2. 28:13

    Community Episode 6: Basic Email Security

  3. 2:13

    'Batman v Superman: Dawn of Justice' Teaser Trailer

  4. 0:37

    Star Wars Fans React To New Trailer

  5. 2:12

    David Hasselhoff Unleashes Insane 80s-tastic Music Video on Unsuspecting Internet

  6. 2:02

    Neil Degrasse Tyson Talks Aliens, Moon Landing

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security