The National Highway Traffic Safety Administration cited nine cases of defective airbags resulting in severe injury, two of which were fatal, but the manufacturer disagrees with the order.
In a forecast released Sept. 23, firm AlixPartners estimated that the shortage will cost the auto industry $210 billion globally in lost revenue in 2021.
Companies such as Ford and Toyota now recognize they may turn ride-hailing services and car sharing companies into steady customers for all sorts of vehicles.