Friday 28 July 2017

The frightening figures behind Takata's airbag fiasco

Eddie Cunningham

Eddie Cunningham

TAKATA may have gone bust this week, but its explosive airbag legacy will haunt us for years to come.

The Japanese airbag maker filed for bankruptcy protection in Tokyo and the US, swamped with lawsuits and recall costs.

Its faulty airbag inflators are linked to the deaths of at least 16 people. The inflators can explode with too much force and shoot out shrapnel.

Most of Takata's assets will be bought by rival Key Safety Systems for $1.6bn.

It has been one disaster after another for years now - for those affected by the explosions, the car makers and the company itself.

The numbers behind the saga are frightening:

  • At least 180 people have been injured by the airbags. Some experts say a lot more have been hurt.
  • So far 100m inflators have been recalled worldwide.
  • Tens and tens of millions of vehicles are affected.
  • Recalls are being handled by 19 automakers.
  • Only 22pc of the 69m recalled in the US have been replaced.
  • The fact there are still 54m on US roads means more people will get hurt, the National Highway Traffic Safety Administration says.
  • At least $1bn from the sale will go towards settling criminal charges for concealing inflator problems.

Irish Independent

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