Takata Chairman Apologizes for Causing Recall Concern

The transcript discusses the ongoing issues with Takata airbags, highlighting a series of recalls and apologies from the company. Initially, millions of cars from manufacturers like Toyota, Honda, and Nissan were recalled due to airbag problems. Despite efforts to address the issue, Takata admitted to underestimating the problem, leading to further recalls and a growing crisis. The company's chairman, Shiga, issued apologies and emphasized their commitment to resolving the issue. The crisis involves nearly 8 million cars in the USA and poses a risk of expanding recalls based on further testing and regulatory decisions.

What actions are being taken by Takata to address the airbag crisis?

What is the estimated number of cars affected in the USA?