Warning Light On problems of the 2001 BMW 740

I would like to report that the airbag control modules in the BMW 7 series from model year 1995 to 2001 have airbag control modules that are failing at a very high rate, leaving owners without airbags and the airbag warning light on. The new module from BMW is $1400. This is happening more frequently to cars in cold climates.

Common defect: air bag warning light is on. Suspected passenger seat sensor failure. I've had 2 BMW's from this series - both with the same issue - yet no recall from BMW - why? isn't this a safety system? I see airbag recalls on cars dating back to this era. Why none for BMW? also - odometer ribbon cable failure causing pixels to fail. No recall - problem exists across the series from 1996-2001 and beyond. No fix - no recall - no repairs offered. Why?.