General Motors Company (NYSE:GM) Requests Regulators To Push Back Takata Airbag Recall By A One Year

General Motors Company (NYSE:GM) has requested safety regulators in the US to push back the recall for roughly 1 million vehicles with Takata airbags.

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The automotive manufacturer has requested US regulators to delay the recall by one year on the grounds that the designated vehicles do not seem to have the same risk as the faulty ones that caused injuries or deaths. GM stated in a recent filing with the National Highway Traffic Safety Administration that it carried out tests on the inflators. The conclusion was that there is currently no risk of rupture.

GM claims that none of the 44,000 Takata airbags that were deployed ruptured. The company claims that the airbags are safer because of the unique design features. The automaker also claims that it has employed an expert to carry out long-term aging tests and the tests will take roughly one year, thus the request for a one-year delay for the recalls.

“GM shares with NHTSA a strong commitment to customer safety,” said GM in an email statement.

The NHTSA had ordered the company to recall all the vehicles that were fitted with inflators whose propellants are based on Ammonium nitrate. This meant that GM would have to call back 980,000 SUVs before the end of 2016. If the company receives the approval for the recall to be pushed back, it will have enough time to conclude the tests which might, in turn, exclude it from having to call back the vehicles.

“GM is taking a systematic, engineering-based approach to better understanding the performance of Takata inflators installed in GM vehicles, and GM continues to share this information with NHTSA on a regular basis,” highlighted the email statement.

The Takata airbag scandal has affected roughly 70 million airbags which the company is expected to replace until 2019. It will also be the largest auto recall in the history of the US. GM stock closed the latest trading session at $30.97, with a $0.15 drop equivalent to 0.48% compared to the value in the previous trading session.

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