Wealth Management by

Japanese carmakers issue recalls over defective airbags

June 24, 2014 1:36 am

Japanese automakers, Honda, Mazda and Nissan, are recalling millions of vehicles globally for defective airbags manufactured by supplier Takata Corp that could possibly explode, the Associated Press has reported. Honda Motor Co recalled 2.03 million vehicles for the airbag problem and Nissan Motor Co recalled 755,000 vehicles globally manufactured from 2001 through 2003, while Mazda Motor Corp recalled nearly 160,000 vehicles manufactured from 2002 through 2004. Tokyo-based Takata is a major manufacturer of airbags, seat belts, steering wheels and other auto parts.