Research the settlement information regarding Takata Corporation from various reliable sources.
In response to the largest automobile recall in U.S. history, Takata Corporation has filed for bankruptcy protection in both Japan and the United States. The faulty airbag inflators have been linked to the deaths of 16 people and 180 injuries.
Post a clear and logical response to the following, providing specific examples to support your answers.
- What has since happened to Takata? Who will pay the estimated $1.6 billion in fines and associated penalties caused by the exploding inflators? From a strategic perspective, what did Takata do wrong? On learning of possible mechanical defects in the airbag system, what might you have recommended to the CEO of Takata? What would you have done if the CEO failed to accept your recommendation action vis-à-vis your proposed solution?
Use online sources to research the questions above and provide a response to two other students posts. Will send the students discussion to reply to.