Takata is a Japanese seat belt and auto airbag system maker that was establishing in 1933 in Japan. For over 60 years they excelled and were successful in the automotive industry making these essential products for car safety. However, in the early 2000’s the company took a stumble and eventually fell due to one major error that’s has followed them for over a decade.
Takata has only two product lines, airbag systems and seat belts and in 2000 they began using ammonium nitrate propellant to propel the airbag systems deployment. Jump four years later and an anonymous executive admits to doctoring some of their test data concerning this new airbag propellant system after one of their airbag deployments killed someone in Alabama that same year. …show more content…
Their first major step was going public in 2006 and establishing a corporate governance. They also had meeting with many of their auto manufacturers to determine the products affected and “In 2012 they had a meeting with U.S. auto-safety regulators [and they declared that] Takata "failed to clarify inaccurate information" on the air bags, according to a consent decree the company later signed” (USA), this appeared to be the last nail in the coffin for the company. They did not invest enough resources into remedying this issue, like stated above it was too little, too late. Due to the company’s arrogance 18 lives have been lost and that is irreplaceable. They should have immediately disclosed the defective information and taken the necessary steps to curtain all possible negative outcomes but they were lethargic and …show more content…
The reasons for this are as follows, they lied about their products safety and how dangerous it was, they were slow to realize the issue and confess their mistake, they failed to reveal the magnitude of the issue with the number of vehicles affected and due to their arrogance and oversight lives were lost and hundreds were injured. The people and families affected with never be the same after being hurt by the products that were supposed to protect them. The only reason my score was not lower is that they did try to help the issue even though it was not nearly enough, They were given many chances over the course of thirteen years to come clean about their mistake and take charge of the issue and prove to everyone that they could right this wrong but time and time again they did the bare minimum and tried to bury their
Takata has only two product lines, airbag systems and seat belts and in 2000 they began using ammonium nitrate propellant to propel the airbag systems deployment. Jump four years later and an anonymous executive admits to doctoring some of their test data concerning this new airbag propellant system after one of their airbag deployments killed someone in Alabama that same year. …show more content…
Their first major step was going public in 2006 and establishing a corporate governance. They also had meeting with many of their auto manufacturers to determine the products affected and “In 2012 they had a meeting with U.S. auto-safety regulators [and they declared that] Takata "failed to clarify inaccurate information" on the air bags, according to a consent decree the company later signed” (USA), this appeared to be the last nail in the coffin for the company. They did not invest enough resources into remedying this issue, like stated above it was too little, too late. Due to the company’s arrogance 18 lives have been lost and that is irreplaceable. They should have immediately disclosed the defective information and taken the necessary steps to curtain all possible negative outcomes but they were lethargic and …show more content…
The reasons for this are as follows, they lied about their products safety and how dangerous it was, they were slow to realize the issue and confess their mistake, they failed to reveal the magnitude of the issue with the number of vehicles affected and due to their arrogance and oversight lives were lost and hundreds were injured. The people and families affected with never be the same after being hurt by the products that were supposed to protect them. The only reason my score was not lower is that they did try to help the issue even though it was not nearly enough, They were given many chances over the course of thirteen years to come clean about their mistake and take charge of the issue and prove to everyone that they could right this wrong but time and time again they did the bare minimum and tried to bury their