Tesla, GM, Ford Among Automakers Hit As NHTSA Targets 52M Faulty Airbag Inflators
Portfolio Pulse from Anan Ashraf
The National Highway Traffic Safety Administration (NHTSA) has made an initial decision that some air bag inflators manufactured by ARC Automotive and Delphi Automotive from 2000 through January 2018 must be recalled. These inflators, which may rupture and eject metal debris, have been incorporated into air bag modules of 12 vehicle manufacturers including BMW, Ford, General Motors, Hyundai, Kia, Stellantis, Mercedes-Benz, Tesla, Toyota, and Volkswagen. Delphi Automotive was acquired by Autoliv, who may not have the legal liability for the inflators manufactured by Delphi.
September 06, 2023 | 7:02 am
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NEUTRAL IMPACT
Autoliv, who acquired Delphi Automotive, may not have the legal liability for the inflators manufactured by Delphi.
While Autoliv acquired Delphi Automotive, it may not have the legal liability for the faulty airbag inflators. This could potentially shield the company from any negative financial impact related to the recall.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Ford is among the automakers affected by the NHTSA's decision to recall faulty airbag inflators.
The recall of faulty airbag inflators could potentially lead to negative publicity and financial costs for Ford, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
General Motors is among the automakers affected by the NHTSA's decision to recall faulty airbag inflators.
The recall of faulty airbag inflators could potentially lead to negative publicity and financial costs for General Motors, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tesla is among the automakers affected by the NHTSA's decision to recall faulty airbag inflators.
The recall of faulty airbag inflators could potentially lead to negative publicity and financial costs for Tesla, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80