Business

Takata CEO apologizes over airbag defect

The CEO of Takata Corp., the Japanese airbag maker at the centre of a defect scandal that has resulted in recalls of more than 33.8 million vehicles apologized to "everyone" over the scandal on Thursday.

Shigehisa Takada says parts maker still doesn't know what caused the problem

Japanese airbag maker Takata Corp. CEO Shigehisa Takada, centre, bows in apology on Thursday beside Senior Vice President Hiroshi Shimizu, left, and Chief Financial Officer Yoichiro Nomura at the start of a news conference in Tokyo. (Shuji Kajiyama/Associated Press)

The CEO of Takata Corp., the Japanese airbag maker at the centre of a defect scandal that has resulted in recalls of more than 33.8 million vehicles apologized to "everyone" over the scandal on Thursday.

Shigehisa Takada also appeared at a news conference  for the first time since the problems emerged but shed little light on the underlying cause of the defect.

Earlier, Takada apologized to shareholders at their annual meeting. He then faced media questions, bowing in apology both before and after the news conference.

"We apologize deeply for the great amount of concern and inconvenience we have caused to everyone," he said.

On Thursday, Toyota Motor Corp., Nissan Motor Co. and other Japanese automakers announced expansions of their earlier recalls.

More recalls from Toyota, Nissan

Toyota said it was recalling another 2.86 vehicles globally. In an emailed statement, the company said the recalls did not expand the models affected but broadened the manufacturing periods involved. Some 1.729 million of those vehicles were sold in Europe.

Nissan said it was recalling an additional 198,000 vehicles built between April 2007 and December 2008.

At least eight people have been killed and 100 injured by the defective airbags, which can explode with excessive force, firing shrapnel into the vehicle. The problem has persisted for over a decade, affecting 11 automakers including Honda, BMW and Toyota.

Takada said the exact cause was still under investigation.

"We are a company that should be providing safety. Our product quality should be assured," he said. "What I must do now is to handle the problem properly and deliver safety to our customers. That is my priority, first and foremost."

Changed airbag design

A chemical inside the inflators of the airbag can kick in with too much force, blowing apart the metal inflator and sending shards flying. Exposure to moisture for extended periods appears to trigger the problem.

Takata's airbags have been installed in more than 50 million vehicles worldwide. The company says it has changed its airbag design and is no longer using the batwing-shaped inflator that was involved in the eight fatal accidents and most of the injuries.

The Japanese company faces a huge financial burden in responding to the crisis, but says its banks have been supportive.

Takada refused comment on the total cost of the quality problems.