Takata

Nationality
Japanese

CEO
Shigehisa Takada

Sector / Main Business Area
Takata Corporation WAS a Japanese automotive parts company that was (in)famous for its airbags. It went bankrupt in June 2017 after being embroiled in the biggest ever recall in US automotive history following a number of fatalities associated with defective airbag inflators

Listed / Private
Private, now owned by US company Joyson Safety Systems

Competitors
Include Ford, Fiat Chrysler Automobiles

Fun fact(s)/Brand(s)

Takata started off by producing lifelines for parachutes and then seat belts before moving into airbags in the late 1980s

Last reviewed/editedĀ 

24th Nov 2020 PW