Monday, May 2, 2016

Takata booking over $156 mln in additional loss for air bag recalls

TOKYO, May 2 (Reuters) - Japanese air bag maker Takata Corp

said it is booking an additional special loss of 16.6

billion yen ($156.07 million) for the full year that ended in

March due to product warranty costs related to a recall of its

potentially lethal air bags.

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