Why Honda Is Upgrading Air-Bag Repair Campaign to Recall

The transcript discusses Honda's decision to upgrade a vehicle issue to a recall, influenced by safety advocates who argue for a nationwide recall of Takata airbags. Takata's financial forecast reveals a significant loss, with the company acknowledging challenges in estimating US damage claims. A New York Times report highlights past testing of airbags by Takata, suggesting data was discarded, raising concerns about the company's practices.

What troubling details were revealed in the New York Times report about airbag testing?

What impact did the New York Times report have on the company's shares?