#Takata

The company behind the massive recall of potentially explosive airbags won’t face a federal investigation after one of its trucks crashed and exploded on a Texas highway.

A transport truck carrying ammonium nitrate propellant and airbag inflators detonated last week, killing the occupant of a nearby home and leaving the truck in pieces. After two U.S. senators demanded a probe, the National Transportation Safety Board now claims that Takata followed the rules.

Automakers are busy recalling tens of millions of vehicles to fix potentially deadly Takata airbags, but the fix won’t solve the problem, a former Takata employee says.

The scandal-plagued airbag manufacturer is using the same ammonium nitrate propellant in its replacement inflators, said Mark Ellie, Takata’s former engineering manager, in a report by WGME. Because of this, he claims the danger isn’t gone — it’s just delayed.

The U.S. National Highway Traffic Safety Administration broke from its orderly recall of potentially dangerous Takata airbags today to warn drivers of certain 2001–2003 Honda and Acura models.

New tests show a certain subset of the faulty airbags, linked to 14 deaths worldwide, have a much higher risk of exploding in the event of an accident — a likelihood of up to 50 percent. The NHTSA is urging owners of these vehicles to avoid driving them.

Because of the age of the models, the agency issued an appeal to the public to help track down unrepaired vehicles.

Defective airbags linked to at least 10 U.S. deaths are still rolling off dealer lots, despite a massive safety recall.

Four automakers admit to selling new vehicles equipped with faulty Takata airbags, but it’s all legal as long as those cars are fixed within two years. The companies were revealed in a report tabled today by U.S. Senate Commerce Committee Democrats.

The company behind one of the largest safety recalls in automotive history might have a lifeline thrown its way.

Takata, the manufacturer at the heart of the exploding airbag scandal, is being courted by private equity firms, Bloomberg reports, with at least one high-profile company already in close talks.

Confirming rumbling from earlier today, the U.S. Department of Transportation is calling for the recall of 35 to 40 million Takata airbag inflators that pose a potentially deadly risk to motorists.

All of the company’s ammonium nitrate-based frontal airbag inflators that were shipped to automakers without a chemical drying agent are included in the recall.

Maybe 2016 isn’t Takata’s year.

The airbag manufacturer at the heart of the largest automotive safety recall in history is poised to double the number of airbag inflators it needs to fix, Reuters reports.

A number of people close to the issue said the beleaguered company will soon announce a massive expansion in the scope of the recall, which has already seen 28.8 million airbag inflators recalled in vehicles from 14 automakers. Another 35 to 40 million units require fixing, the sources say.

The cost of a comprehensive recall of all Takata Corporation airbag inflators could sink the company.

A source at airbag manufacturer Takata told Bloomberg that a worst-case scenario — a recall of 287.5 million airbag inflators — would cost the company $24 billion dollars, far more than analysts previously estimated.

The cost would be the equivalent of four times the projected revenue Takata expects for the 2015-2016 fiscal year, or six times the total value of the company’s assets.

The world needs to be saved, but who wants to spend more money doing it?

That, cash lands on Takata-plagued dealers, Tesla takes to the track, BMW wants you in and out fast, and Volkswagen dreams of slaying the Prius … after the break!

An American man will soon enjoy the task of making people love his controversial company again.

That, Goodyear’s been watching I, Robot, Toyota shatters its corporate structure, sentiment grows for better braking, and the feds say the airbag recall has gone far enough … after the break!

Volkswagen’s chief in China says they’re probably not retaking the crown from General Motors there anytime soon.

That, Apple’s lead car guy is gone, Takata’s in trouble and more … after the break!

It certainly sounds like Ford is close to selling a self-driving Fusion real soon.

That, Matthias Müller finally comes to the U.S. to ask “You mad, bro?” Nissan has no love for Takata, and business is hot south of the border … after the break!

Bloomberg ( via Automotive News) reported that engineers at Honda demanded to know why Takata airbags were injuring drivers and passengers during a 2009 meeting held four months before investigators started their inquiry.

“Why does it explode? I want to know the truth,” an engineer identified as “Otaka” asked Takata’s CEO at the meeting, according to Bloomberg.

Minutes from a July 2009 meeting between Honda executives and Takata officials were made public as part of a lawsuit against the airbag maker.

Who would have known that one of the largest parts supply recalls in U.S. history could poison the well for the rest of your business?

That, and Jeep needs you to keep it dry for a minute, Porsche pulls another player from Volkswagen’s bench and how big does Magna International’s yacht need to be anyway, after the jump.

I wouldn’t be surprised if every morning in Tokyo executives at Takata hope that more revelations come out concerning Volkswagen’s diesel emissions cheating scandal so as to push any revelations about their own exploding airbag scandal down the page.

Last week, Honda accused Takata of “misrepresented and manipulated test data” in explaining why they decided to stop using Takata as a supplier.

On Monday, the Wall Street Journal, based on internal documents discovered as a result of lawsuits, reported that Takata engineers in the United States had expressed reservations about fudged test results going to Honda starting in 2000.