Japanese auto safety systems suppliers Takata Corp. has come to widespread attention because of its ongoing debacle with airbags manufactured between 2000 and 2007.
Over the past years, millions of cars have been recalled because airbag inflators were defective and could potentially explode and send metal shrapnel and debris flying at high velocity through the cabin. The NHTSA has said the Takata airbag-related recalls have now encompassed 8 million vehicles in 2013 and 2014 campaigns.
Two of the carmakers involved in the recalls are Toyota and Honda and both companies seem to back their supplier. The first was a Toyota official and today a Honda executive – Senior Managing Officer Yoshiharu Yamamoto – the automaker’s chief of the research and development unit said the company would continue to collaborate with Takata.
The third-biggest Japanese automaker is Takata’s largest client and recalls affecting Honda vehicles have already reached 5 million units in the US alone.
In unrelated news, following the fifth recall in a year for the make’s Fit model, Honda announced that its president and 12 other executives would get a never-before seen payment sanction. Because the five recalls involved quality issues, the company has decided that Chief Executive Takanobu Ito will get his salary cut by 20% over the next three months. Other senior officials, including Chairman Fumihiko Ike and Executive Vice President Tetsuo Iwamura will be sanctioned with a 10% pay cut.