Takata Pegs Worst-Case Recall Costs at $24B

Takata Pegs Worst-Case Recall Costs at $24BTakata is forecasting that in a worst-case scenario, recalling all of its faulty airbags will cost up to $24 billion.  This scenario involves Takata recalling 287.5 million airbag inflators, an insider told Bloomberg. Exactly how recall costs will be split between Takata and each automaker remains to be seen and will determine how much of the financial… more