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Honda says has no plans to offer financial support to Takata

Cites costly global recall of the air bag maker's faulty inflators, which has broadened now

Honda

<a href="http://www.shutterstock.com/gallery-931246p1.html?cr=00&pl=edit-00">Ken Wolter</a> / <a href="http://www.shutterstock.com/editorial?cr=00&pl=edit-00">Shutterstock.com</a>

Reuters Tokyo
Japan's Honda Motor on Wednesday said it was not planning to extend financial support to Takata Corp, as a costly global recall of the air bag maker's potentially faulty inflators broadens.

US lawmakers on Tuesday stepped up pressure on federal regulators to accelerate the recall of millions of inflators, citing evidence that Takata manipulated data to cover up problems with its products.

Honda vehicles account for roughly half of the 50 million vehicles recalled over the issue since 2008.

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First Published: Feb 24 2016 | 8:56 AM IST

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