Hot on the heels of the Volkswagen emissions furore, a fresh new scandal has hit the motor industry and it’s one that the automotive giants Honda have been quick to distance themselves from.

The Japanese airbag manufacturer Takata have been given a fine that could reach $200 million by US regulators for the way they dealt with the recall of exploding airbags.

Takata were judged by the National Highway Traffic Safety Administration to have failed to release sufficient information about the faulty airbags. Their initial fine amounts to $70 million, rising to a potential $200 million should the regulator discover further violations.

It’s a huge financial hit for Takata to take, at a time when potential bills are mounting. Valued at $820 million, Takata have seen 40 million cars that feature their airbags recalled since 2008. So far it’s been the automakers that have eaten up the cost of these ‘investigative’ recalls, but should Takata be deemed responsible for the faults, they could be hit with the repair costs for millions of cars, with each repair coming in around the $100 mark.

Some eight deaths have been linked to Takata’s airbags, with all of them coming in Honda cars. Takata inflators contain ammonium nitrate, which can explode with too much force, spraying shrapnel at drivers and passengers.

Honda have decided to call time on their relationship with Takata and have announced that they will no longer use their airbag inflators in cars. In a strongly-worded statement, Honda claimed that they were "deeply troubled” by the suggestion that Takata had, "misrepresented and manipulated test data for certain air bag inflators".

Airbags account for 38% of Takata’s revenue and Honda were their biggest customer in this area. In total, Honda’s business amounted to some 10% of Takata’s global sales.

It’s a bitter blow for Takata but an unsurprising one considering that Honda have a reputation to uphold, at a time when business is booming. The Japanese car and motorcycle manufacturer have just announced second quarter profits of 127.7 billion Yen.

This represents a rise of 6.9% since their last figures and has seen them adjust their full-year revenue forecast by 0.7% to 14.6 trillion Yen.

Honda’s improving fortunes can be attributed to a variety of reasons. The weak Yen has seen exports rise, particularly in North America. They have also been boosted by the impact of their new HR-V model, at a time when the company has been streamlining operations to cut costs.

These figures follow in the footsteps of other Japanese automotive manufacturers. This week Nissan have reported a 40% rise in net income, while Toyota’s quarterly profits have climbed by 14%.

Toyota have leapfrogged troubled Volkswagen to become the world’s largest carmaker over the past 12 months. It’s fair to say that the Japanese motor industry is on the rise and unlike in Germany, its biggest players are walking away so far unscathed from emissions-related scandals.