Takata shares drop on report of US air bag probe

A crash-test dummy at Takata's crash-testing facility in Auburn Hills, MichiganShares in Japanese auto parts maker Takata sank in Tokyo on Thursday as nervous investors reacted to a report that US justice officials are investigating the firm over an air bag defect that may have killed several drivers. The embattled firm’s shares fell 6.16 percent to 1,582 yen ($15) in Tokyo, after plunging 22 percent on Tuesday following an earlier air bag safety warning. The Wall Street Journal reported Wednesday that federal prosecutors in New York are probing whether Takata made misleading statements about the safety of its bags to US regulators. According to the New York Times, at least 139 injuries have been linked to Takata air bags, including 37 reported as exploding.

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