New Deaths Deepen Takata's Air-Bag Crisis

The transcript discusses a tragic incident involving faulty airbags from Takata, leading to a death in Malaysia. It highlights the global impact, with previous deaths in the US, and raises concerns about underreporting. The US is conducting investigations, with lawsuits and a Senate hearing planned. Takata's leadership has been criticized for its lack of public engagement, with investors concerned about the company's handling of the crisis.

What was a significant challenge in understanding the global impact of the Takata airbag issue?

• Technological limitations

• Lack of global communication

• High costs of investigation

• Underreporting in some countries

How many injuries in the US have been linked to Takata airbags?

• 200

• 140

• 300

• 50

What action did Honda take in response to the airbag-related incidents?

• Hired an outside auditor

• Filed a lawsuit against Takata

• Recalled all vehicles

• Issued a public apology

What recent development occurred in the US regarding Takata airbags?

• A new recall was issued

• A Senate committee hearing was scheduled

• Takata declared bankruptcy

• The issue was resolved

What concern did investors have about Takata's handling of the crisis?

• Lack of financial transparency

• Delayed product launches

• Absence of senior leadership in public

• Increased production costs