Autoliv Making Up to 25 Million Air Bags for Takata FixesCraig Trudell
Autoliv Inc., the world’s biggest maker of air-bag inflators, said it will make as many as 25 million of the components to supply automakers that have recalled vehicles to replace parts made by Takata Corp.
Autoliv has agreements with several carmakers to expand its capacity for making the inflators and will supply them in 2015 and 2016, the company said Jan. 14 in a statement. The Stockholm-based maker of auto-safety devices also said it’s in discussions to supply “millions of additional units.”
Automakers led by Honda Motor Co. have recalled more than 20 million vehicles to replace Takata air bags that deploy with too much force. Faulty Takata inflators have ruptured air bags and spewed metal and plastic shards at passengers. The devices have been linked to the deaths of four U.S. motorists and a pregnant woman in Malaysia, all in Honda cars.
Autoliv said last month that it would build replacement air-bag inflators for Honda, Takata’s biggest customer. Honda owns 1.2 percent of the company, and both are based in Tokyo.