The daily business briefing: May 4, 2016

Takata to expand airbag-inflator recall, Google and Fiat team up on self-driving vehicles, and more

Chrysler's Pacifica minivan
(Image credit: REUTERS/Mark Blinch)

1. Takata to double size of airbag-inflator recall

U.S. regulators are expected to announce as early as Wednesday that Japanese airbag maker Takata is recalling 35 million to 40 million more inflators installed in U.S. vehicles. The expansion will more than double the size of what is already the biggest auto-safety recall in U.S. history. In all, it could affect nearly a quarter of the 250 million vehicles in the U.S. So far, 14 automakers, led by Honda, have recalled 24 million U.S. vehicles to fix their airbags, which can suddenly explode. At least 11 deaths have been linked to the defect worldwide.

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