Index Investing News
Sunday, November 23, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

US says 51 million air bag inflators pose security dangers regardless of automaker objections By Reuters

by Index Investing News
July 31, 2024
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


By David Shepardson

WASHINGTON (Reuters) -The Nationwide Freeway Visitors Security Administration stated Wednesday it nonetheless believes 51 million air bag inflators in 49 million U.S. automobiles assembled by 13 automakers pose severe security dangers regardless of objections from the auto sector.

The difficulty has been linked to at least one U.S fatality and 7 accidents following an eight-year authorities investigation. If the recall proceeds, it could be the second-largest in U.S. historical past.

NHTSA argued at a listening to in October that inflators produced by the 2 air bag producers, ARC Automotive and Delphi Automotive, must be recalled as a result of they might rupture and ship steel fragments flying. After automakers raised objections in December, the company didn’t instantly finalize its determination.

The company stated Wednesday it was reiterating and updating its preliminary dedication first issued in September and giving automakers one other 30 days to reply earlier than it might formally demand remembers.

“Widespread sense calls for acknowledging that steel shrapnel projecting at excessive speeds and inflicting harm or loss of life presents an unreasonable threat to security,” NHTSA stated.

Main automakers together with Basic Motors (NYSE:), Toyota Motor (NYSE:) and Volkswagen (ETR:) and the 2 air bag makers in December stated they opposed NHTSA’s bid to hunt remembers.

Automakers and a significant commerce group didn’t instantly remark Wednesday.

Reuters reported in October that no less than 20 million GM automobiles could possibly be affected, whereas Stellantis (NYSE:) has 4.9 million automobiles with inflators at challenge and has reported only one rupture, in 2009.

Automakers and producers stated the dangers from the difficulty have been exceedingly small, questioning the company’s evaluation and rationale for searching for a recall.

The inflators in query had been utilized in automobiles produced from 2000 by way of early 2018 by 13 automakers together with Jaguar Land Rover. Ford (NYSE:), Mercedes-Benz (OTC:), BMW (ETR:), Hyundai (OTC:), Kia and Porsche additionally oppose a compulsory recall.

NHTSA first known as for a voluntary recall in Might 2023, however ARC rejected it.

GM, which in Might 2023 recalled 1 million ARC inflators after a rupture resulted in facial accidents to a driver, stated in December a recall would have an effect on “as a lot as 15% of the over 300 million registered motor automobiles in america.”

Delphi Automotive, a part of Autoliv (NYSE:), manufactured roughly 11 million of the inflators by way of 2004 below a licensing settlement with ARC, which manufactured the remaining 40 million.





Source link

Tags: AirautomakerbaginflatorsmillionObjectionsPoseReutersRisksSafety
ShareTweetShareShare
Previous Post

Conor Gallagher switch information: Chelsea and Atletico Madrid agree phrases on deal as midfielder rejects new contract | Soccer Information

Next Post

Compass CEO: Clear Cooperation Is “Anti-Home-owner”

Related Posts

AI in Healthcare and Different Present Matters of Curiosity

AI in Healthcare and Different Present Matters of Curiosity

by Index Investing News
November 20, 2025
0

Synthetic intelligence is in all places. I've learn that self-driving vehicles are 5 or ten occasions “safer” than vehicles pushed...

Is Monarch Cash Protected? How Protected Is Your Monetary Information?

Is Monarch Cash Protected? How Protected Is Your Monetary Information?

by Index Investing News
November 8, 2025
0

Sure, it's. With bank-level encryption, multi-factor authentication, and read-only entry to your accounts, Monarch Cash ensures your knowledge and funds...

Is The Treasured Metals Pullback Over? (Technical Evaluation) (NYSEARCA:GLD)

Is The Treasured Metals Pullback Over? (Technical Evaluation) (NYSEARCA:GLD)

by Index Investing News
November 4, 2025
0

This text was written byObserveCash Metals Change is a top-rated on-line bullion supplier serving 750,000+ U.S. clients. Based in 2010,...

Getting Began: The way to Browse Listings

Getting Began: The way to Browse Listings

by Index Investing News
November 16, 2025
0

Discovering the appropriate stock on B-Inventory is straightforward as soon as the place to look. On this information, we’ll present...

Getting Began: Stock Sorts and Situations

Getting Began: Stock Sorts and Situations

by Index Investing News
October 31, 2025
0

Take the guesswork out of sourcing! We wish you to take advantage of knowledgeable purchases doable. So as to take...

Next Post
Compass CEO: Clear Cooperation Is “Anti-Home-owner”

Compass CEO: Clear Cooperation Is "Anti-Home-owner"

CaixaBank, S.A. (CAIXY) Q2 2024 Earnings Name Transcript

CaixaBank, S.A. (CAIXY) Q2 2024 Earnings Name Transcript

RECOMMENDED

French army help begins to reach in cyclone-battered Mayotte By Reuters

French army help begins to reach in cyclone-battered Mayotte By Reuters

December 16, 2024
Colgate-Palmolive (CL) Q1 2025 Earnings: Key financials and quarterly highlights

Colgate-Palmolive (CL) Q1 2025 Earnings: Key financials and quarterly highlights

April 28, 2025
US to take ‘laborious look’ at fighter mission, prime official says By Reuters

US to take ‘laborious look’ at fighter mission, prime official says By Reuters

July 21, 2024
Book Review: The Little Book of Picking Top Stocks

Book Review: The Little Book of Picking Top Stocks

April 28, 2023
Just Listed | 1300 S Highway A1a #626

Just Listed | 1300 S Highway A1a #626

November 28, 2022
Not the primary or final correction: Fund Supervisor Mohit Khanna on tips on how to tweak your MF portfolio

Not the primary or final correction: Fund Supervisor Mohit Khanna on tips on how to tweak your MF portfolio

March 11, 2025
As Covid-hit China reopens to the world, countries put up travel barriers

As Covid-hit China reopens to the world, countries put up travel barriers

January 6, 2023
My 3 Suggestions for Discovering a Nice Marketplace for Actual Property Investing

My 3 Suggestions for Discovering a Nice Marketplace for Actual Property Investing

October 8, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In