05-11-2015 08:21 via news.yahoo.com

Takata plunges for second day as airbag scandal spirals

Shares in crisis-hit autoparts maker Takata plunged again on Thursday, losing a quarter of their value and deepening the loss caused by fatal faults in their airbags. The rout came after Honda dumped it as an airbag parts supplier and US safety regulators slapped it with a record fine over products that have been linked to at least eight deaths and scores of injuries globally. Takata's airbag defect -- thought to be associated with a chemical propellant that helps inflate the devices -- can caus
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