Auto parts manufacturer giants like Autoliv, Daicel and ZF TRW Automotive appear to benefitting from the still ongoing global Takata airbag recall.
According to Automotive News Europe, the three other companies currently produce 50% of the airbag inflators needed by auto manufacturers to replace the faulty Takata units.
Autoliv estimated that they will be supplying as many as 20 million replacement inflators in 2015 and in 2016. Meanwhile, ZF TRW may be able to supply 10 – 15 million replacement inflators per year with their current spare capacity.
The global airbag recall also made other manufacturers shift to other companies.
Daicel reportedly made an agreement with two automakers in providing the necessary inflators. The two car companies that will get their replacement parts from Daicel are Honda and Mazda. Fiat Chrysler Automobiles on the other hand said that they will get their new inflator design from ZF TRW.
Other companies such as Toyota, Mitsubishi and Subaru's Fuji Heavy Industries are now acquiring their inflators from other suppliers.
As of this writing, more than 40 million vehicles have been recalled due to the faulty Takata airbag inflator that can rupture during deployment. Deaths caused by the defect now amount to 8 while injuries stand at 130.
It is estimated that by March 2016, Autoliv, Daicel and ZF TRW will make about 68% of the inflators that will be used in replacing the defective units provided by Takata.
Source: Automotive News Europe