Tuesday, January 23, 2018
Business

Honda denies covering up dangers of Takata air bags

With just a third of the defective Takata air bag inflators replaced nationwide, the corporate blame game of who will take responsibility — and pay — for the issue has shifted into another gear.

Honda is going public as it tries to debunk claims by lawyers that it knew about the dangers of Takata inflators nearly two decades ago, but covered it up.

The escalation of Honda's fight comes just three days before Takata Corp. is expected to seek bankruptcy protection in Japan and the United States. The company's inflators can explode with too much force, blowing apart a metal canister and hurling shrapnel into drivers and passengers.

The problem has killed at least 16 people worldwide and injured 180. It touched off the largest automotive recall in U.S. history.

Honda also wants depositions from Takata employees to be included in trials. It says the testimony shows that the auto maker was a victim of fraud committed by Takata.

As of June 1, just one third of the 2.3 million Florida vehicles affected had replaced the defective airbags. Another 1.5 million of the possibly deadly airbags remain.

PREVIOUS COVERAGE: Bill Nelson alarmed at slow pace of Takata airbag replacement in Florida

"We've got to pick up the pace on boosting production of replacement inflators and assisting consumers who need to get their vehicles fixed," Sen. Bill Nelson said earlier this month.

He blamed the empty leadership post at the National Highway Traffic Safety Administration, vacant since President Trump took office, for the slow pace of Takata repairs.

"At the rate we're going, we might land humans on Mars before all of these deadly inflators are off the road," Nelson said at the time.

Nationally, 30.4 million of the 46.2 million affected airbags have not been replaced. Nineteen automakers were affected by the defective airbags. To see if your car needs to be taken in for related repairs, visit https://tinyurl.com/l4fl4dh.

Times wires were used in this report. Contact Malena Carollo at [email protected] or (727) 892-2249. Follow @malenacarollo on Twitter.

Comments
Career Q&A: Sharpen interview skills to overcome impression of shyness

Career Q&A: Sharpen interview skills to overcome impression of shyness

Q: At the end of a recent interview, the manager told me that I would not be getting the job. He said I wasn’t a good fit for the position because I was shy. As a naturally introverted person, I found this very discouraging. How can I avoid similar p...
Updated: 8 hours ago
Lawmakers call for additional investigations into Tampa Bay’s two CareerSource boards

Lawmakers call for additional investigations into Tampa Bay’s two CareerSource boards

Federal and state lawmakers are calling on Congress and the Florida House of Representatives to investigate whether two regional workforce centers inflated the number of people they helped find jobs. U.S. Rep. Charlie Crist, D–St. Petersburg, and sta...
Updated: 8 hours ago
CEO Nancy Tower’s goal for Tampa Electric: renewable energy

CEO Nancy Tower’s goal for Tampa Electric: renewable energy

TAMPA — Tampa Electric Co.’s future will be green if new CEO Nancy Tower has anything to say about it. Speaking at a University of Tampa panel Tuesday, Tower outlined her plan to move the Tampa-based utility toward a completely renewable energy portf...
Updated: 12 hours ago
Chase to make $20B investment, raise wages

Chase to make $20B investment, raise wages

JPMorgan Chase announced Tuesday that it will boost wages, open new branches and hire thousands of new workers, citing improved economic performance and sweeping changes to the U.S. tax code. Wages will rise to between $15 and $18 an hour from a rang...
Published: 01/23/18
Disney offering staff $1,000 bonuses, new education funding

Disney offering staff $1,000 bonuses, new education funding

NEW YORK — The Walt Disney Co. will give more than 125,000 eligible employees a one-time $1,000 cash bonus and invest $50 million in an education funding program. The media company said Tuesday the bonuses will go to all full and part-time non-execut...
Published: 01/23/18
Tampa micro housing advocates find big demand for living small

Tampa micro housing advocates find big demand for living small

TAMPA — When Omar Garcia announced plans to transform a vacant downtown office building into 120 micro apartments of about 300 square feet each, the calls and checks poured in."We got 90 reservations like that," Garcia said Tuesday, snapping his fing...
Published: 01/23/18
Elon Musk’s new pay package tied to massive Tesla growth

Elon Musk’s new pay package tied to massive Tesla growth

Associated PressPALO ALTO, Calif.— Elon Musk will remain at Tesla Inc. under a 10-year, all-or-nothing pay package that demands massive growth. The agreement, revealed Tuesday in a regulatory filing, requires that Tesla grow in $50 billion leaps, to ...
Published: 01/23/18

Verizon misses its profit forecast

Associated PressNEW YORK — Verizon Communications Inc. on Tuesday reported fourth-quarter earnings of $18.67 billion.On a per-share basis, the New York-based company said it had profits of $4.56. Earnings, adjusted for one-time gains and costs, were ...
Published: 01/23/18
Hungry at Gasparilla? Eight great restaurants near the parade route

Hungry at Gasparilla? Eight great restaurants near the parade route

GASPARILLA: THE DINING EDITIONGasparilla. Some things are certain. There will be scantily clad pirates and liquid libations. At some point, it is advised to eat some food. Here are some of the top places that are easily accessed along the invasion ro...
Published: 01/23/18

Pasco Business Digest for Jan. 26

Business digestBrieflySMALL BUSINESS BRIDGE LOANS HELP PASCO: The Florida Small Business Development Center at the University of South Florida facilitated 141 Florida Emergency Bridge Loans, totalling $7,515,100 in funding. In Pasco County, eight loa...
Published: 01/23/18