Is Takata Facing a 'Titanic Hitting Iceberg' Moment?

The transcript discusses the analogy between Takata and the Titanic, highlighting the hidden issues beneath the surface, similar to an iceberg. It delves into the costs and liabilities associated with Takata's airbag recalls, noting the uncertainty in recognizing costs for airbags with unknown root causes. The discussion also covers the potential for ongoing headlines as automakers announce recalls and other markets follow suit, emphasizing the legal liabilities Takata may face in the US.

What is expected to happen in the coming weeks regarding the Takata recall?

What actions are anticipated from other markets and regulators in response to the airbag issues?