The Japanese automobile airbag manufacturer Takata reported a loss of over $45 million dollars for the first half of the year following recent developments connected with its defective products. Car owners in the Manchester area may be aware that the airbags produced by the company can malfunction when they are activated, resulting in shards of metal flying from the device. Hundreds of people around the world have been injured by the airbags, and at least eight people have died.
The company has supplied airbags for a number of different car manufacturers for several years. More than 19 million cars have been recalled in the U.S. since the problem was identified. Toyota, one of the car manufacturers that uses Takata airbags, has recently announced that it is recalling a further 1.6 million cars, bringing the total number of recalled Toyota vehicles close to 15 million. Its latest recall affects 22 different models that were sold between 2004 and 2005 in England, Japan, Italy and Spain. The latest recall follows news that, in Japan, the occupant of a Nissan was injured in an incident involving an airbag.