Takata Rejects Nationwide Recall: NHTSA

The transcript discusses the controversy surrounding Takata airbags, focusing on the humidity-driven issues affecting certain regions like Florida and Puerto Rico. It highlights the debate over a nationwide recall, with NHTSA pushing for broader action and Takata resisting. The regulatory implications and potential fallout for Takata are explored, alongside the involvement of major car manufacturers in a congressional hearing. The impact on consumer confidence and sales, particularly for Japanese carmakers, is also addressed, with a tragic incident in Malaysia underscoring the severity of the issue.

What was the response of Takata regarding the nationwide recall?

What impact could the airbag recall have on consumer behavior according to the text?