World Economy
0

Contingency Plans

Contingency Plans
Contingency Plans

General Motors Co has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the US automaker to repair millions of vehicles, the company said. More than 21 million vehicles have been recalled globally by numerous automakers since 2008 because of defective Takata Corp inflators that could rupture and shoot metal shards into the vehicle and have been linked to at least five deaths, Reuters said. GM’s plans include directing Takata to share with rivals TRW and Autoliv the No. 1 US automaker’s air bag specifications and data.

Financialtribune.com