Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, said Monday its president Takanobu Ito will step aside and be replaced by another Honda executive.
The unexpected decision follows massive recalls by Honda of vehicles equipped with air bags made by Japan’s Takata Corp. The airbags have inflators that can explode, expelling shards of metal and plastic. At least five deaths and dozens of injuries have been linked to the problem worldwide.
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