Administrators PricewaterhouseCoopers (PwC) said there will now be a "rapid replacement" of the affected parts in the recalled vehicles.

BBC: Manganese Bronze taxi steering fault solution found

This rapid turnover creates rapid replacement costs and raises questions about how to decommission and dispose of old hardware, which can also cost money.

FORBES: Leadership

Meanwhile, researchers at Advanced Ceramics Research in Tucson, Arizona, are developing rapid prototyping to create replacement bones, with funding from America's Office of Naval Research.

ECONOMIST: MONITOR