Japanese Transport Minister Akihiro Ohta said his ministry was considering whether to revise existing laws to beef up oversight of auto suppliers in the wake of massive recalls of Takata airbags."Until now, we have been getting reports from automakers but since this is a major issue with great impact I would like to consider whether we need to revise the vehicle law or not," Ohta told reporters at a regular briefing today.
The spate of Takata-related recalls -- about than 24 million cars have been recalled worldwide over faulty airbags since 2008 -- has brought regulatory oversight under scrutiny both in the United States and Japan. Several automakers, particularly Honda Motor Co., have been embroiled in the recall crisis as they recall vehicles equipped with Takata airbags.
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