Timeline of Takata airbag recalls

(Reuters) -- Following are a few essential events in the accumulative world-wide recall by over 10 automakers since 2008 of over 31 3 1 million vehicles fitted with possibly faulty air bags created by Japanese company Takata Corp.2008
Nov. 4: Honda Motor recalls 4,000 Accords and Civics (2001 versions) worldwide as Takata air-bag inflators may generate excessive internal pressure causing them to rupture and spray steel fragments in the auto.2009
May 27: Oklahoma teenager Ashley Parham expires when the air bag in her 2001 Honda Accord bursts, shooting alloy fragments in to her neck. Honda and Takata refuse fault and be satisfied with an undisclosed amount.
Dec. 2 4: Gurjit Rathore is killed in Va when the air bag in a 2001 Accord bursts after a slight injury, severing arteries in her neck, court records reveal. Her household sues Honda and Takata for more than $75 million in April 2011, asserting they understood of the air-bag issues as early as 2004. Honda and Takata settle in January 2013 for $3 million, based on court records.2010
Feb. 9: Honda expands earlier in the day recalls2011
April 27: Honda recalls 896,000 Honda and Acura 200103 automobiles in order to locate faulty Takata airbag inflators installed as spare parts.
Dec. 1: Honda again enlarges recalls.2013
April 11: Toyota, Honda, Nissan Motor and Mazda Motor recall 3.4 million vehicles worldwide due to potentially faulty Takata airbags.
April 18: Takata states to guide astonishing loss of $307 million for year to March 2013 for recall-associated prices.
May 7: BMW joins recalls.
May 10: Takata places record $212.5 million yearly net reduction, and names Swiss nationwide Stefan Stocker as president, the first foreigner in the place.
Sept. 3: Devin Xu expires in a 2002 Acura TL sedan in a parking-lot incident near La from "obvious facial injury due to international item inside airbag," according to a coroner's report.2014
June 11: Toyota enlarges past recall to 2.27 million vehicles worldwide; Nhtsa starts probe, analyzing whether driving in high-humidity areas leads to the danger of Takata air-bag explosions; Takata states there's nothing to suggest any inflator security flaws.
June 2 3: Honda, Nissan and Mazda recall 2.95 million automobiles, enlarging April 2013 recall, bringing the complete recall to about 10.5 million automobiles over five years.
June 26: Takata CEO apologizes to investors at AGM.
July 16: BMW recalls about 1.6 million automobiles world-wide.
July 18: Takata states to reserve special reduction around 4 5 billion yen ($440 million) in April-June for recalls.
Oct. 2: Orlando girl Hien Thi Tran expires four times after her 2001 Accord is in an incident in which the air bag bursts, shooting out shrapnel, according to a police report.
Oct. 2 1: Takata shares fall 23% in Tokyo.
Oct. 2-2: NHTSA enlarges absolute amount of U.S. automobiles recalled for Takata air bags to 7.8 million over previous 18 months.
Oct. 27: A first example seeking class action standing is submitted in Fl, maintaining Takata and car companies, including Honda and Toyota, hidden vital info on air bags.
Nov. 6: Takata warns of larger full-year reduction, and pays no interim dividend for first time since 2006.
Nov. 7: The New York Times reviews Takata ordered specialists to ruin effects of evaluations on some air bags after discovering opportunities in inflators. Democratic lawmakers demand legal probe into Takata.
Nov. 10: Takata shares fall 17% to 51/2-year low.
Nov. 13: Honda claims a girl -- later recognized as as Regulation Suk Leh, 43 -- perished in Malaya in July after being hit by shrapnel from a Takata air-bag in her Honda Town -- the first such fatality outside the United States of America; Takata claims it's changed the structure of its air-bag propellant; Honda widens remembers; using its complete alone to almost 10 million.
Nov. 20: U.S. Senate hearing into Takata air bag disaster.
Dec. 4: At U.S. Senate hearing, Takata says unable however to locate "root cause" of air-bag ruptures.
Dec. 1 1: Honda, Nissan include to recalls in Japan.
Dec. 16: Honda recalls approximately 570,000 automobiles in China over Takata air bags Dec. 17; Mark Rosekind verified as new head of NHTSA.
Dec. 2 4: Stocker steps down as Takata president.2015
Jan. 2-9: Honda claims 3-5-year old Carlos Solis was killed in Houston in a 2002 Accord fitted with a Takata air-bag that might have ruptured.
Feb. 1 1: Takata states to double out-put of alternative air-bag inflators by September.
Feb. 20: U.S. regulators levy daily good of $14,000 on Takata for neglecting to fully collaborate with air-bag probe.
March 23: Honda hi-res U.S. engineering consultancy Exponent to inquire Takata air-bag faults.
May 8: Takata states expects to come back to earnings in 2015-2016.
May 13: Toyota says it is going to recall 5 million vehicles worldwide, including Corolla and Vitz versions from 200307; Nissan to recall 1.56 million automobiles, taking total international recalls to over 31 3 1 million in eight years.

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Recalls
NHTSA
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Regulation
Stefan Stocker

Airbags
Mark Rosekind

Marketing

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19.05.2015
ID:2024

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