BY KEVIN SAWYER – The Toyota Motor Corporation of Japan is recalling 5.8 million Toyota Corollas for faulty airbag systems. The company announced that over a million and a half of the vehicles are located across Europe. The recall involves Toyota Corollas from all around the world.
The recall involves the airbags on both driver and passenger sides that were installed between May of 2000 and November of 2001 as well as airbags installed between April of 2006 and December of 2014. The maker of the airbags, the Takata company of Japan, had been under fire, especially in the United States for its faulty airbags.
The faulty airbags have killed about 16 people worldwide as the chemicals in the bags can explode when exposed to prolonged hot weather conditions. The total recall of the Takata airbags have been going on for a few years and Toyota hopes this will be the end of it.
Regulators from around the world have declared certain operating systems within the air bags to be defective. Takata, meanwhile has been appealing to investors in an effort to try and stem the tide of the tremendous amount of money that is being lost in production, sales and lawsuits.
PHOTO CREDIT: Toyota