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Exclusive: Toyota to buy 13 million air-bag inflators from Takata rival - sources

2015-08-21 04:28:26| Automakers - Topix.net

Toyota Motor Corp , seeking to reduce its risk from potentially lethal Takata Corp air-bag inflators, will buy millions of the component from smaller parts maker Nippon Kayaku Co , people familiar with the matter said. The Japanese carmaker asked the second-tier supplier last month to increase production so it can supply Toyota with more than 13 million inflators from next July until 2020, said a person with direct knowledge of the deal and a second individual who was briefed on it.

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