Is Takata Facing a 'Titanic Hitting Iceberg' Moment?

The transcript discusses the analogy between Takata and the Titanic, highlighting the hidden issues beneath the surface, similar to an iceberg. It delves into the costs and liabilities associated with Takata's airbag recalls, noting the uncertainty in recognizing costs for airbags with unknown root causes. The discussion also covers the potential for ongoing headlines as automakers announce recalls and other markets follow suit, emphasizing the legal liabilities Takata may face in the US.

What analogy is used to describe the situation with Takata's airbag recalls?

• A burning building

• A collapsing bridge

• An iceberg

• A sinking ship

What is one of the main challenges mentioned in the first section regarding the airbag recalls?

• High production costs

• Unclear root cause for many airbags

• Lack of customer interest

• Limited availability of replacement parts

What potential legal issue does Takata face in the US?

• Environmental violations

• Class action lawsuits

• Tax evasion

• Patent infringement

What recent development in the US is expected to keep the Takata story in the headlines?

• Partnership with a new automaker

• Doubling the size of the recall

• Introduction of new airbag models

• Launch of a new marketing campaign

Which other country is mentioned as likely to follow the US in recalling Takata airbags?

• Australia

• Japan

• China

• Germany