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Faulty Early Warning System Could Hide Next Exploding Air Bag

 An early-warning system set up by the U.S. government is designed to protect drivers from auto defects. Narrow industry reporting requirements mean regulators could miss the next exploding air bag.

Under a 2000 law, automakers are legally obligated to file reports of deaths and injuries from the public so safety officials can spot the kind of defects that require recalls. Data compiled by Bloomberg show some companies are more forthcoming than others.