takata corporation

Reports: Takata CEO Will Offer To Resign Tomorrow

Reports: Takata CEO Will Offer To Resign Tomorrow

After 25 million vehicles containing its airbags have been recalled, tomorrow the Japanese auto parts supplier Takata will present its business plans to its carmaker clients. According to company sources, CEO Shigehisa Takada and other top executives will offer to resign from the company. Theres no successor in place ready to take over if the automakers do ask him to resign. Update: Takata now says that the CEO does not plan to resign. [More]