Takata Corporation

Takata Corporation
Native name
タカタ株式会社
Takata Kabushiki Gaisha
Company typePublic KK
IndustryAutomotive
Founded1933 in Shiga Prefecture, Japan
FounderTakezo Takada
Defunct11 April 2018; 6 years ago (2018-04-11)
FateBankruptcy, assets later acquired by Key Safety Systems
SuccessorJoyson Safety Systems
Headquarters
Roppongi, Minato-ku, Tokyo, 106-8488
,
Japan
Area served
Worldwide
Key people
Shigehisa Takada
(Chairman and CEO)
Products
RevenueIncrease ¥ 718.003 billion (2016)
Increase¥ 42.133 billion (2016)
Increase ¥ -13.075 billion (2016)
Number of employees
50,530 (as of March 31, 2016)
Footnotes / references
[1][2][3]

Takata Corporation (タカタ株式会社, Takata Kabushiki Gaisha) was a Japanese automotive parts company. The company had production facilities on four continents, with its European headquarters located in Germany.[4] In 2013, a series of deaths and injuries associated with defective Takata airbag inflators made in their Mexico plant led to a recall of 3.6 million cars equipped with Takata airbags. Further fatalities caused by the airbags have led the National Highway Traffic Safety Administration (NHTSA) to order an ongoing, US-wide recall of more than 42 million cars, the largest automotive recall in U.S. history.[5][6][a] In June 2017, Takata filed for bankruptcy.[7] It was acquired by Key Safety Systems.[8] As of January 2024, over 100 million airbag inflators worldwide have been recalled by more than 20 carmakers.[9]

  1. ^ "Takata Annual Report 2016" (PDF). Takata Corporation. Archived from the original (PDF) on June 26, 2017. Retrieved November 1, 2017.
  2. ^ "Corporate Summary". Takata Corporation. Archived from the original on December 9, 2015. Retrieved December 22, 2015.
  3. ^ "Company Profile". The Wall Street Journal. Dow Jones & Company. Archived from the original on December 23, 2015. Retrieved December 22, 2015.
  4. ^ Anghel, Alexandru (December 10, 2009). "Takata Petri hires 1,000 people in half a year in Arad and Sibiu". Ziarul Financiar. Retrieved May 25, 2015.
  5. ^ "Events leading to air bag maker Takata's bankruptcy filing". Washington Post (Associated Press). June 26, 2017. Archived from the original on June 26, 2017.
  6. ^ Action # EA15-001 (March 2017). "Defect Investigations and recalls" (PDF). Department of Transportation. NHTSA. Archived from the original (PDF) on May 16, 2017. Retrieved June 29, 2017.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. ^ "Takata, brought down by airbag crisis, files for bankruptcy". CNN. 25 June 2017.
  8. ^ Tajitsu, Naomi (April 11, 2018). "Key Safety Systems completes deal to acquire air-bag maker Takata". Reuters. Retrieved April 18, 2018.
  9. ^ Shepardson, David (January 30, 2024). "Toyota warns 50,000 US vehicle owners to stop driving, get immediate repairs". Reuters.


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