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What Takata's Bankruptcy Means for Airbag Recalls ...

Jun 26, 2017 · Takata Corp.’s bankruptcy filing marks the beginning of the end of the company’s 84-year history, but its airbag recalls will live on for years to come. The Japanese auto supplier provided tens of millions of defective airbag inflators to the world’s largest automakers for years.Author: Ryan Beene…

Takata Corporation - Wikipedia

Further fatalities caused by the airbags have led the National Highway Traffic Safety Administration (NHTSA) to order an ongoing, nationwide recall of more than 42 million cars, the largest automotive recall in U.S. history. In June 2017, Takata filed for bankruptcy. It was acquired by Key Safety Systems.Founded: Shiga Prefecture (1933; 86 years ago)…