04-11-2015 09:10 via news.yahoo.com

Takata plunges after record US fine, dumping by Honda

The crisis surrounding Japan's Takata deepened Wednesday as its shares plunged on news that top client Honda was dumping it as an airbag parts supplier and US safety regulators slapped it with a record fine. Takata's airbag defect -- thought to be associated with a chemical propellant that helps inflate the devices -- can cause them to deploy with explosive force and send metal shrapnel hurtling toward drivers and passengers -- in some cases killing them or leaving grisly injuries. Accusing the
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