At a glance
What can fail
The clockspring—a coil that connects steering wheel controls to the airbag system—may develop high resistance or unwind, causing the airbag warning light to come on. When this happens, the driver's airbag won't deploy in a frontal crash.
What the fix does
Dealers will replace the clockspring assembly on vehicles under 115,000 km. Vehicles over 115,000 km receive an extended lifetime warranty on the clockspring.
Summarized — see the official notice for exact wording, dates, and contacts.