GM ASKED TO RECALL 5.9 MILLION VEHICLES OVER FAULTY AIRBAGS

Highlights

• GM needs to recall the 2007-2014 model year trucks and SUVs as the inflators are at the risk of the same type of explosion to high heat and humidity as other recalled Takata inflators

• According to the GM estimation in securities filings, if at all requ...

HONDA TO SETTLE ITS ALLEGATIONS OVER AIRBAG SAFETY FAILURES

Highlights –

• Honda to settle its allegations over airbag safety failures.
• Honda reached a settlement of $85 million with multiples states who had filed a suit against the same.
• The airbag systems were designed and made by Takata Corp...