Takata, the Japanese company behind the faulty airbag inflators, filed for bankruptcy protection. Despite the spiraling debt the company has incurred (which is estimated to be around $9 Billion), Karl Brauer, Executive Publisher for Kelley Blue Book, says it won’t free Takata from recall costs, and that’s something that might impact your bottom line in the service department.
Watch the full interview from CNBC: https://video.cnbc.com/gallery/?video=3000630543
