- The NHTSA is imposing a fine of up to $200M on Japanese air bag maker Takata (TKTDY) for providing inaccurate information about its explosive safety devices that have so far been linked to eight deaths.
- Honda (NYSE:HMC) didn't take the news lightly. The automaker immediately dropped its longtime partner as an air bag provider, stating it had "misrepresented and manipulated test data."
- Inflator suppliers that could see a boost from the news: Autoliv (NYSE:ALV), TRW Automotive (NYSE:TRW) and Daicel.