5 Articles
Report
Takata posts profit despite broadening airbag scandal

Takata posted significantly higher quarterly profits this year, but its airbag inflator scandal continued to grow.

Report
Takata CEO won't resign from company despite airbag scandal

Takata CEO Shigehisa Takada will remain in charge of the auto supplier, which counters earlier rumors of his possible resignation.

Report
Takata CEO issues public apology, talks victim's compensation fund

Takata CEO Shigehisa Takada stepped in front of cameras, bowing deeply while issuing a public apology for his company's handling of its airbag recall.

Report
Takata president steps down, hands control back to chairman

With tens of millions of vehicles recalled, Takata has made several changes at its head office, including the resignation of its president, the promotion of its chairman and the appointment of several former US cabinet secretaries.

Report
Takata chairman drops out of sight amidst airbag crisis

The problems plaguing automotive supplier Takata this year for its faulty airbag inflators are starting to take their toll. Not only do an estimated 7.8 million vehicles need repairs, but it's facing an investigation by the National Highway Traffic Safety Administration. A recent report also alleges that