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Honda May Recall 20 Million More Airbags; Supplier Takata Plunges into the Red

Size of airbag recall could more than double.

by on May.09, 2016

A Takata airbag after a vehicle crash.

Honda is reportedly getting ready to announce the recall of as many as 20 million more airbags due to the risk they could malfunction and injure, possibly kill occupants by sending shrapnel flying into the passenger compartment.

The report, published by Japanese newspaper Nikkei, comes less than a week after the U.S. National Highway Traffic Safety Administration ordered the recall of 35 million to 40 million more airbags using inflators provided by Japanese auto supplier Takata. The defect has so far been linked to hundreds of injuries while the death count last week rose to 13 worldwide.

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Hammered by the recall, hit with hefty fines and facing numerous lawsuits, Takata said today that it is expecting to report a loss of about $120 million when it reports earnings on Wednesday. It originally had expected to show a modest profit.

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