The future looks bleak for Takata as the Japanese company’s massive airbag recall takes on even more colossal proportions.
The U.S. recall, already the largest in history, expanded this week by a staggering 35 million to 40 million airbags. There won’t be enough replacements for all the necessary repairs until 2019.
Takata’s exploding airbag scandal has hammered its reputation, soured relationships with customers and sent its stock tanking. The company has admitted it will face “severe challenges” in supplying parts for the expanded recall.
