Ferrari Recalls Eight Models For Air Bag Problems
Not even Ferrari owners are immune from the deluge of Takata related airbag recalls. The Italian supercar manufacturer is recalling 2,600 vehicles worldwide to fix driver-side airbags installed at an incorrect angles. The recall covers eight Ferrari models: the 2010 Ferrari 458 Italia, 2012 Ferrari 458 Spider, 2014 Ferrari 458 Speciale, 2015 Ferrari 458 Speciale A, 2015 Ferrari California T, 2012 Ferrari FF, 2013 Ferrari F12 Berlinetta and 2014 Ferrari LaFerrari.
According to Bloomberg and documents posted to the National Highway Traffic Safety Administration website, the defect was found when Ferrari conducted tests on the 458 Italia’s steering column. Initial reports suggested the defect was caused by a “possible production defect inside the airbags” resulting in airbag cushions installed at incorrect angles and improperly glued leather panels covering airbag modules.
Early reports suggested the problem stemmed from assembly line issues at Maranello, but Ferrari later issued a statement to Car and Driver clarifying the problem originated from fully assembled Takata airbag modules, which Ferrari installed in the 814 affected vehicles.
No injuries or fatalities have been reported as a result of the defect, and stop-sale orders have been placed on cars sitting in dealerships, none of which will be sold until the issue is fixed. The recall is expected to begin on July 30th and Ferrari will, of course, fix the issue free of charge.
The issue is reportedly not directly related to the faulty Takata airbag inflators installed in over 34 million vehicles that have been linked to at least eight fatalities thus far.
Continue reading for the full story.
Why it matters
The problem obviously comes at a terrible time for Takata, which is currently mired in billions of dollars worth of lawsuits and the not-so-small task of replacing 34 million faulty airbags. Takata reported losses totaling $247 million last fiscal year, but recently told investors it had absorbed most of the losses resulting from the recall.
As result, the company expects to exceed $160 million at the end of the current fiscal year. It’s admittedly an optimistic outlook, but the Ferrari recall is likely to have little financial impact. The impact on Takata’s already heavily tarnished image, however, is a different story.
Read our full review here.