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Hawaii Sues Takata Corporation, Honda Motor Co Ltd (ADR) Over Faulty Airbags

70,000 cars with Takata airbags have been sold in the state

Hawaii is suing Takata Corporation and Honda Motor Co Ltd (ADR) (HMC) over faulty airbags.

Hawaii, Takata, Honda, HMCThe state said the the faulty airbags put the lives of its residents in danger. 70,000 cars with Takata’s airbags have been sold in the state and it’s seeking $10,000 per violation. It’s the first state to sue over the airbags.

The airbags that Hawaii is suing over have caused 11 deaths and over 100 injuries worldwide. The number of Takata airbags affected by the recall is roughly 69 million. The state claims that Honda should’ve known about the faulty airbags, reports Nasdaq.

Hawaii claims to be especially vulnerable to the faulty airbags due to its hot and humid climate, which can cause the airbags to become more unstable. No incidents of death or injury have been reported in the state due to the airbags.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/05/hawaii-takata-honda-hmc/.

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