General Motors will recall about 7 million big pickup trucks and SUVs worldwide to replace potentially dangerous Takata air bag inflators.
The move came Monday after the U.S. government told the automaker it had to recall 6 million of the vehicles in the U.S.
The recall will cost the Detroit automaker an estimated $1.2 billion, about one third of its net income so far this year.
GM says it will not fight the recall, even though it believes the vehicles are safe.
The automaker had petitioned the agency four times starting in 2016 to avoid a recall, contending the air bag inflator canisters have been safe on the road and in testing. But the National Highway Traffic Safety Administration on Monday denied the petitions, saying the inflators still run the risk of exploding.
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{Matzav.com}