Takata, carmakers meet to divvy up responsibility for faulty air bag recall costs

Tokyo

TAKATA Corp and some of the world's biggest carmakers face an extensive - and expensive - to-do list as they try to resolve the worst safety crisis in the car industry's history.

Executives for the Tokyo-based maker of air bags are scheduled to meet in Japan with Honda Motor Co and officials from some of more than a dozen other customers this week, according to people with knowledge of the situation. The talks are prompted by five bids made for the beleaguered Takata after months of concern about its solvency.