Is Takata still in business?

Is Takata still in business?

Takata Corporation (タカタ株式会社, Takata Kabushiki Gaisha) was a Japanese automotive parts company….Takata Corporation.

Native name タカタ株式会社
Defunct 11 April 2018
Fate Acquired by Key Safety Systems
Successor Joyson Safety Systems
Headquarters Roppongi, Minato-ku, Tokyo, 106-8488 , Japan

Who bought Takata?

Key Safety Systems
Joyson, formerly known as Key Safety Systems, purchased Takata’s assets for $1.6 billion in 2018.

Is Takata owned by Honda?

Honda is Takata’s biggest customer, and has been buying its airbags since Takata started producing them in the 1980s. It is also a part owner: Honda holds 1.2 percent of Takata’s stock, making it one of the company’s largest shareholders.

Why did Takata airbags fail?

Regulators determined that the potentially deadly flaw in the Takata airbag lies in the airbag’s propellant. To inflate the airbags, Takata used an ammonium nitrate compound without a drying agent. However, this propellant can burn too fast and cause the inflator to explode.

How much does the Takata airbag recall cost?

$24 billion
Takata Corp. has estimated that the cost for the complete callback of the defective airbag inflators responsible for nine fatalities in the United States could reach $24 billion.

Is Takata a Chinese company?

The Japanese maker of airbag systems, which has been the target of the biggest auto parts recall in history, has completed the sale of its operations to Key Safety Systems, the Michigan-based unit of a Chinese auto parts supplier, and the top executive, Shigehisa Takada, has resigned.

What does Takata mean?

high rice paddy
Meaning and Origin of: Takata Japanese : ‘high rice paddy’; also pronounced Takada. The most ancient family to bear the name originated in the Kyōto region and is listed in the Shinsen shōjiroku. Other families have taken the name from various places so named.

Who makes airbags for Toyota?

Exclusive: Toyota to buy 13 million air-bag inflators from Takata rival – sources. TOKYO (Reuters) – Toyota Motor Corp 7203. T, in a bid to reduce its risk from potentially lethal air-bag inflators supplied by Takata Corp 7312. T, will buy millions of them from smaller parts maker Nippon Kayaku Co 4272.

Does Toyota still use Takata airbags?

Toyota is entering the final phase of its Takata airbag replacement efforts with the announcement of a recall involving 928,000 Toyota, Scion, and Lexus models. These vehicles previously had their high-risk airbags replaced with new Takata airbags as a stop-gap measure until the “final remedy” airbags were available.

Does Ford use Takata airbags?

Ford is recalling about 2.6 million cars, SUVs, and trucks in the U.S. and its territories to replace driver-side Takata airbags.

How do I know if my car has a Takata airbag?

Visit to find out if your car or truck is under recall. Search using your Vehicle Identification Number (VIN). Your search result will tell you if your car or truck is included in this recall or any other safety recall.

What nationality is Takata?

Takata Corporation, an automotive parts company based in Japan.

Who used Takata airbags?

June 2, 2016: Audi, BMW, General Motors, Jaguar/Land Rover, and Mercedes-Benz have added almost 2.5 million more U.S. vehicles to the list of cars with defective Takata airbags. June 1, 2016: Fiat Chrysler, Mitsubishi, Toyota, and Volkswagen confirm in a report from Florida Sen.

Does Lexus use Takata airbags?

Many Toyota, Lexus, and Scion vehicle models have defective Takata airbags and are subject to a recall. There may be additional recalls coming. In fact, Toyota recalled an additional 601,300 vehicles in a January 2018 announcement.

Does Porsche use Takata airbags?

Porsche: Porsche, a brand under the Volkswagen Group, issued a statement to that it uses Takata airbags but has “no knowledge of any instances in which Takata airbags installed in Porsche-brand vehicles were found to be defective.” Asked if this even meant Takata inflators — given the supplier makes a lot of …

What Toyota cars are recalled for airbags?

Toyota is recalling millions of vehicles for airbags that might not deploy in certain kinds of crashes. The recalled vehicles include approximately 2.9 million 2011 through 2019 Corolla sedans, 2011 through 2013 Matrix hatchbacks, 2012 through 2018 Avalon sedans, and 2013 through 2018 Avalon Hybrid sedans.

Does my vehicle have a Takata airbag?

Visit to find out if your car or truck is under recall. Search using your Vehicle Identification Number (VIN). Your search result will tell you if your car or truck is included in this recall or any other safety recall. Call your local dealer to schedule the FREE repair.

How many people are in Takata class action?

Takata airbag class action: Two million Aussies encouraged to take part in historic legal action. Australia’s largest class action in history is brewing with more than two million Aussies urged to take part in the landmark case.