Takata shares fall on new recall reports
9 May 2016
- From the section Business
Takata shares fell as much as 3.5% on Monday as media reports suggest more recalls over faulty airbags supplied by the Japanese company.
Sunday’s Nikkei newspaper said that Japanese car maker Honda will recall an additional 20 million airbags provided by Takata.
Honda shares edged 0.9% higher despite the news.
In South Korea, the Kospi index traded flat at 1,972.78 points.
Sydney’s benchmark ASX/200 gained 0.4% to 5,313.00 points.
Source: BBC Business