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>> Toyota taking a hard hit from the ongoing Takata airbag scandal. It plans to recall 5.8 million more cars around the globe. Including some Corolla and Yaris models made in Japan, China, and Europe. They all include airbag inflators from Japanese firm, Takata, which have exploded and sprayed metal shrapnel into drivers' faces.
So far it's caused at least 16 deaths and more than 100 injuries worldwide. Recalling cars with Takata's airbags has become the costliest and largest car recall in history. A bill expected to hit $10 billion but shouldered by its customers, Toyota, Honda, Volkswagen, and nine other car makers. Takata is crucial to car companies because it's one of the only suppliers of seat belts and airbags.
The faulty inflators lack a drying agent, and that's been linked to the explosions. This latest round of recalls excluding the United States, where Toyota's already got a recall for cars made during the same period in full swing.