Takata Accused of Burying Bad Air Bag Test Results

The transcript discusses a lawsuit against Takata, based on a New York Times report, alleging that the company covered up airbag defects. These defects reportedly caused injuries and deaths. Senators have called for a criminal probe. Takata has denied the allegations, claiming inaccuracies in the report, but has not provided specific details. The company's stock has suffered as a result.

What issue did the New York Times report highlight about Takata's airbags?

• They were too expensive.

• They were causing injuries and deaths.

• They were not available in the market.

• They were environmentally unfriendly.

What action did Takata allegedly take regarding the faulty airbags?

• They improved their design.

• They sold them at a discount.

• They destroyed the airbags and test data.

• They increased production.

How did Takata respond to the allegations of a cover-up?

• They admitted to the allegations.

• They filed a lawsuit against the New York Times.

• They ignored the allegations.

• They claimed the report was inaccurate.

What was the market reaction to the allegations against Takata?

• The company's shares declined significantly.

• The company's shares increased.

• The company's shares remained stable.

• The company's shares were unaffected.

Who were the sources for the New York Times report on Takata?

• Current Takata executives.

• Independent researchers.

• Two former employees.

• Government officials.