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Takata sets aside 20.1b yen for air-bag recall costs

Published Tue, May 3, 2016 · 09:50 PM
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Tokyo

TAKATA Corp raised provisions for its air-bag recalls that involve more than a dozen auto manufacturers, after denying reports that the biggest safety crisis in the industry's history will expand further.

The auto parts supplier will book a combined 20.1 billion yen (S$255 million) in charges, 16.6 billion of …

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