Takata Puts Worst-Case Airbag Recall Costs at $24 Billion

  • Inflator recall could total 287.5 million units, person says
  • Cost figure exceeds Jefferies estimate by about $7 billion

Worst-Case Recall Could Cost Takata $24 Billion

Takata Corp., the supplier behind the auto industry’s biggest recall ever, estimated a comprehensive callback of its airbag inflators would total about 2.7 trillion yen ($24 billion), according to a person familiar with the matter.

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