A widespread Takata Corporation airbag recall was issued after exploding airbags were reported as injuring and even killing at least four unsuspecting drivers, and the scope of the recall continues to grow.
As of now, nearly 12 million automobiles from a wide range of manufacturers are included in the recall. As Takata and the National Highway Traffic Safety Administration (NHTSA) scramble to try to figure out what needs to happen to keep motorists safe, many drivers remain unaware that they are affected.
Largest Automotive Recall Ever?
Strictly by the numbers, the Takata recall is not yet the largest automotive recall in history, but Takata airbags are found in so many different car models that the true scale of the problem is not fully known.
Already, the 12 million automobiles that are currently included make this the third largest automobile recall ever. The 2014 General Motors Company (NYSE: GM) recalls are still much larger—at this time—as the GM recalls (for a wide variety of issues) included 29.9 million vehicles worldwide.
What’s Different This Time?
What makes this recall different is the large number of models that it includes. Takata is one of only three airbag suppliers worldwide, and it currently has a nearly 30 percent of the airbag market share. As a result, the use of Takata airbags is widespread to say the least.
So far, automobile models manufactured by BMW, Chrysler Group LLC, Ford Motor Company, General Motors, Honda Motor Co Ltd, Mazda, Mitsubishi, Nissan, Subaru, and Toyota Motor Corp are all included in the Takata recall, and more models could be added to the list at any time.
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