The Traderszone Network

Published in TZ Latest News 27 May, 2015 by The TZ Newswire Staff

With ‘attitude shift’, Takata moves from denial to compromise in air bag crisis

Japan’s Takata Corp, which for months resisted U.S. regulators’ demands to widen a recall over its potentially lethal air bags, has had an “attitude shift” and is in a mood to compromise to try to resolve the ballooning auto safety crisis, said a person close to the company. The knowledgeable person, who has been briefed by Takata management leaders, said the company is adamant that its automaker customers share the blame, and the financial burden.

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