Takata Corporation

Takata Corporation was a Japanese company that manufactured automotive safety equipment, primarily airbag systems. Founded in 1933, it became a major global supplier. However, it faced a major crisis when it was discovered that some of its airbags had defective inflators that could unexpectedly explode, causing injuries or deaths. This led to one of the largest automotive recalls in history, affecting millions of vehicles worldwide. The company filed for bankruptcy in 2017 and was subsequently acquired, restructuring its operations. The Takata case highlighted the importance of rigorous safety testing and quality control in automotive manufacturing.