US allows GM to delay recall to prove safety of air bags

U.S. auto safety regulators are allowing General Motors to delay a large recall of potentially defective air bags, giving the company time to prove that the devices are safe and to possibly avoid a huge financial hit.

Honda plans no Takata rescue, bullish on green vehicles

Honda's president is sticking to its stance that the Japanese automaker plans no independent financial bailout for supplier Takata, which is embroiled in a massive recall crisis over air-bag inflators that may explode.

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