Honda, Toyota & Nissan Recall Over 11M Cars

The airbag unit for the passenger seat of a Toyota Motor Corp. vehicle is seen at the company's showroom in Tokyo, Japan, on Thursday, April 11, 2013. Takata Corp. faces its biggest recall crisis in almost two decades after defective airbag inflators led Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. to call back more than 3 million vehicles. Photographer: Koichi Kamoshida/Bloomberg via Getty Images

from FORTUNE

Honda Motor Co HNDAF 1.63% and Daihatsu Motor Co DHTMF 6.20% said Thursday they would recall more than 5 million cars to replace potentially fatal air bag inflators made by Japan’s Takata Corp TKTDY -2.87% , already at the center of one of the biggest automotive recalls to date.

The recalls come a day after Toyota Motor Corp TOYOF 0.00% and Nissan Motor Co NSANY 0.89% said they were taking back some 6.5 million vehicles worldwide after investigations showed the Takata airbag inflators were not properly sealed and could therefore be damaged by moisture.

Honda, Toyota and Nissan said the recalls were precautionary and that no accidents or injuries had been reported.

How has this affected Honda, Toyota and Nissan? Read the entire article from FORTUNE here.

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