Takata Corporation President Steps Down Amid Crisis

By Sophie Williams – Takata Corporation president Stefan Stocker, will step down and Shigehisa Takad, the company’s chairman, will become president in order to unify Takata’s response to the recalls of its air bags. Officials with Takata say the executive shift is intended to speed up decision-making related to the massive safety issue. However, a…

Chrysler Recalls 208,783 Vehicles to Replace Takata Airbag Inflators

By Sophie Williams – While Chrysler claims there have been no injuries or incidents in its vehicles involving defective Takata airbags, the company, which is in a group of nine other automakers recalling older vehicles with the airbags, has recalled some 617,573 Chrysler vehicles in total. The expanded recall covers the vehicles that were purchased,…