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Inhibiting Inflators: U.S. agency to watch unrecalled Takata inflators for safety risks

Toronto, Ontario — On Monday, the National Highway Traffic Safety Administration (NHTSA) said that it is monitoring data from a group of mostly unrecalled Takata airbag inflators after recent incidents. Specifically, the NHTSA declared its continued investigation into Takata airbags after one exploded in a BMW and hurled metal fragments that seriously injured a driver […]

The Takata Toll: BMW issues ‘Do Not Drive’ order for 38,000 early-00’s models

Toronto, Ontario — As Takata airbags continue to rear their defective heads, BMW made the call on Thursday to issue a “Do Not Drive” order for approximately 38,000 models sold in Canada between 2000 and 2006. First announced in a news release from the U.S.’s National Highway Traffic Safety Administration (NHTSA), which identified an additional […]

Assets in Airbags: Lacero Solutions turns airbags to recyclable materials

Toronto, Ontario ⁠— When the Takata airbag crisis first gripped the globe in 2018, Keshav Kochhar and his team saw an opportunity and took to the drawing board to create an innovative solution for safely destroying and recycling end-of-life and defective/recalled airbags. Since then, their company Lacero Solutions has received and deployed 275,000 airbags and […]

Tuesday Ticker: February 2, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Magna teases big outcomes regarding its forthcoming partnership with LG, a Toronto-based auto parts manufacturer sets its sights on the TSX and Ford files Takata-related losses with the U.S. Securities and Exchange Commission. Magna charges on An impending electrified partnership between Aurora, Ont. based parts manufacturer Magna […]

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