If anyone hasn't had their airbag recall done yet, might want to do it ASAP - BMW M5 Forum and M6 Forums
E39 M5 and E52 Z8 Discussion 1998-2003 Advertiser's Forum

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post #1 of 35 Old 16th June 2017, 09:29 PM Thread Starter
Obioban
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post #2 of 35 Old 17th June 2017, 12:21 AM
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Thanks for the reminder, been putting this off. Not sure how all that works, but wouldn't the new parent company, KSS then be responsible? Or does the bankruptcy protection clear the responsibility? I can't imagine it would. And regardless of that it would then seem to be in BMW's best interest to complete all the recalls on their dime. Not good PR to have your customers shot with airbag shrapnel.

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post #3 of 35 Old 17th June 2017, 07:54 AM
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Yep the bankruptcy is probably going to happen. I had my airbags changed last year on the E39 M5 and 4.6is

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post #4 of 35 Old 17th June 2017, 01:32 PM
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When there is a bankruptcy - that means that the parent hasn't accepted responsibility for the sub's condition. There is receivership, and, even in other countries, this usually involves a plan for recovery. Essentially, the debt holders either get shafted, or in extreme cases they seize the company and sell off the assets. However, there are rules for the order of privilege for creditors - and BMW and its cars that are under the recall would be one of those. I don't know where, internationally, that would fit in the ranking for payment after a bankruptcy.
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post #5 of 35 Old 17th June 2017, 05:27 PM
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Mine was done before the dealer released it for sale. I have the paperwork and everything.

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post #6 of 35 Old 17th June 2017, 09:12 PM
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Quote:
Originally Posted by Obioban View Post
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Looks like Takata (airbag manufacturer) may go bankrupt next week.
Definitely happening. Been in the works for a very long time.

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post #7 of 35 Old 17th June 2017, 10:16 PM
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not sure that releases them from their obligation on a safety recall NOR would it release BMW...
there are some models still waiting for the replacement parts...I have 2 BMW that still need to be addressed...for lack of parts

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post #8 of 35 Old 18th June 2017, 12:43 AM
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Pretty sure they're still obligated to fulfill the recall. In any case, I can't get it done on my 540it since I put in a steering wheel from a random M5 (bought just the steering wheel + airbag from a facelift M5). Pretty sure my X5 4.6is is part of the recall too, but oh well. I like to live a little dangerously.

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post #9 of 35 Old 18th June 2017, 01:33 AM
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I still need to get mine done. Thanks for the heads up.

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post #10 of 35 Old 18th June 2017, 05:09 PM
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Quote:
Originally Posted by dannyzabolotny View Post
In any case, I can't get it done on my 540it since I put in a steering wheel from a random M5 (bought just the steering wheel + airbag from a facelift M5). .
Give your dealer the serial number of the airbag. It should still be covered regardless if the serial is affected.

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Last edited by Dking078; 18th June 2017 at 05:10 PM.
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