Manufacturers, distributors, and sellers are responsible for offering products that work properly and are safe to use by consumers. Recalls must be ordered when a product is defective, lacks proper safety labeling, or otherwise presents a danger to consumer safety and health. Here are three major, well-known product recalls from recent years.
Volkswagen Diesel Engines
In 2015, German automaker Volkswagen was caught using software to ensure that their turbocharged diesel engines passed emissions tests and appeared to comply with safety regulations. In reality, the engines were emitting dangerous levels of pollutants. The company recalled more than 10 million vehicles internationally, spent more than $18 billion on recall costs and product liability legal claims, and needed two years to recover from its resulting stock market plunge.
Overheating Samsung Smartphone Batteries
In the biggest smartphone recall in history, electronics giant Samsung issued a recall of its Galaxy Note 7 in 2016 after reports of the phone’s battery overheating and even catching fire. The defect was so widespread and dangerous that airlines prohibited passengers from carrying the phones on flights. Shares in Samsung fell more than 8%, and it is estimated that the company lost over $10 billion due to the defect and recall.
Defective Takata Airbags
One of the most complex and expensive recalls in history involved airbags made by Takata, a Japanese automotive parts company. It was discovered that Takata airbags used in up to 60 million cars across the world could explode and cause serious injuries to drivers and passengers. Nearly two dozen people have died and hundreds have been injured because of the defective airbags, and Takata filed for bankruptcy in 2017.
Defective or inadequately labeled products may pose serious threats to consumer safety and can even lead to wrongful death. If you have been injured by an unsafe product, our team at Leav & Steinberg LLP will work with you to assess the facts and, if appropriate, seek compensation. To learn more about product liability cases or to schedule a free consultation, contact us today by calling 212-766-5222.