DETROIT (AP) — U.S. safety regulators are urging drivers once again to make sure their vehicles haven’t been recalled after another person was killed by an exploding Takata air bag.
The National Highway Traffic Safety Administration said Friday that the person was killed in a crash involving a 2002 Honda Accord when the driver’s air bag inflator ruptured and hurled shrapnel. No location or date of the crash were given.
The death, which was recently confirmed, brings the number of people killed by the air bags to 33 worldwide.
Takata used ammonium nitrate to create a small explosion to inflate air bags in a crash. But the chemical can become more volatile over time when exposed to moisture in the air and repeated high temperatures. The explosion can rupture a metal canister and hurl shrapnel into the passenger compartment.
Most of the deaths and about 400 injuries have happened in U.S. states with warmer weather.
NHTSA urged all owners to check to see if their vehicles have an unrepaired Takata air bag recall. Drivers can go to https://www.nhtsa.gov/recalls and key in their 17-digit vehicle identification number to see if they have any open recalls.
The agency says even minor crashes can cause air bags to inflate with the potential for explosions that can kill or hurt people.
Potential for the dangerous malfunction led to the largest series of auto recalls in U.S. history, with at least 67 million Takata inflators recalled. The U.S. government says that millions have not been repaired. About 100 million inflators have been recalled worldwide. The exploding air bags sent Takata Corp. of Japan into bankruptcy.
Most of the deaths have been in the U.S., but they also have occurred in Australia and Malaysia.
The first death caused by a Takata inflator occurred in Oklahoma in 2009.
Railroad stocks aren’t the most glamorous of choices. Moving items from point A to point B is not supposed to be. In fact, it’s something that most of us take for granted. That predictability, however, is why there’s room for these stocks in every portfolio.
You can say the world has become smaller. And there’s no question that airplanes and last-mile delivery play a significant role in the global economy. But there’s still a significant role for railroads. To begin with, they can transport some things that other forms of transport cannot. Second, there will always be demand for rail freight.
And railroad stocks pay you to own them because of the dividend. Like utility stocks, many of these companies offer stable dividends which, in some cases have increased over time.
In this presentation, we’re looking at seven railroad stocks that can help provide your portfolio with consistent income and a little growth when the economy is strong.
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