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Takata sees worst-case recall scenario costs of 2.7t yen

Airbag maker's shares plunge 20% in Tokyo trading, reducing company's market value to US$307m
Friday, April 1, 2016 - 05:50

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A source said the worst-case scenario would involve 287.5m airbag inflators. The question is how much the carmakers want to split the costs, an analyst said.

Tokyo

TAKATA Corp, the supplier behind the car industry's biggest recall ever, has estimated that a comprehensive callback of its airbag inflators would total about 2.7 trillion yen (S$32.5 billion), according to a person familiar with the matter. The shares plunged to a record low on

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