Monday, 27 October 2014

More air bag recalls could test automakers' Takata ties


A sign board of Japanese auto parts maker Takata Corp's Annual General Meeting is seen on a street near the venue in Tokyo By Norihiko Shirouzu and Yoko Kubota BEIJING/TOKYO (Reuters) - Japan's Takata Corp , whose potentially defective car air bags have been linked to four deaths in the United States, is unlikely to be dumped by its automaker customers given the cost and disruption of such a move - for now. Some business is leaking to rivals, but the industry doesn't have the spare capacity to make a significant dent in Takata's contracts. But over the coming few years, as the next new models are designed and built, loyalty to Tokyo-based Takata, the world's No.2 safety equipment maker, is likely to be tested. ...








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