Portage just lost a protracted fight with the feds over requests to review around 3 million cars — and it won’t be modest.
The influenced vehicles from model years 2006 through 2012 have flawed driver-side air pack inflators that could crack and send metal fragments flying into the air.
Portage intends to supplant the inflators in some 2.7 million cars in the US and around 300,000 in Canada and somewhere else at an expense of generally $610 million, the Dearborn, Michigan-based automaker said Thursday.
Passage said it recorded an appeal with the National Highway Traffic Safety Administration to escape the review in July 2017, contending that the dangers presented by the hazardous parts were little to the point that they were “irrelevant to safety.”
However, NHTSA differ and denied the appeal on Tuesday, expecting Ford to lead a review.
The influenced vehicles incorporate Ford’s Ranger, Fusion and Edge models, alongside the Lincoln MKZ/Zephyr, the Lincoln MKX and the Mercury Milan, Ford said in a protections documenting.
The air sack parts were made by Takata, whose defective inflators have prompted 27 passings and in any event 400 wounds around the world. The parts were liable for the biggest auto review in American history influencing in excess of 67 million inflators.
Portage said the expense of this review will be treated as an exceptional thing in its final quarter monetary report and won’t influence the company’s changed income per share.
Passage shares were down 1 percent at $11.41 as of 11:47 a.m.