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Takata Recalls Seen Rising to 118.5 Million Air Bags Worldwide

  • Latest expansion may cost about $6.2 billion, Jefferies says
  • U.S. ordered additional recalls of up to 40 million inflators

Takata Corp.’s air bag recalls may increase to 118.5 million worldwide after last week’s order by U.S. regulators compounded the biggest safety crisis in the history of the auto industry, according to estimates by Jefferies Group LLC.

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