U.S. Regulators to Make Announcement on Takata Recall

Top officials at the U.S. Department of Transportation and its National Highway Traffic Safety Administration will make a "major" announcement on Tuesday related to Takata Corp's air bag recalls, the department said. The announcement, with U.S. Transportation Secretary Anthony Foxx and NHTSA Administrator Mark Rosekind, will take place at 2 p.m., the department said in a statement. The recalls have continued to mount over the past several years to include 36 million vehicles fitted with potentially lethal Takata air bags, and the issue has triggered a criminal investigation and lawsuits in the United States.