News & Analysis as of

Product Recalls Airbags

Takata: The Unfortunate Recall

The tragedy - Takata Corporation is a Japanese-based company that manufactures safety products, primarily airbags and seat belts, as a tier one supplier to the global auto industry. Unfortunately, due to alleged...more

Lessons Learned and Compliance Trends from the VW and Takata Scandals (Part III of III)

by Michael Volkov on

When unraveling a major corporate scandal, especially multi-year schemes involving senior executives, the blame game or lessons learned approach can easily turn into a fruitless exercise. The VA and Takata scandals are...more

Takata – Criminal Airbag Scheme and Innocent Consumer Harm (Part II of III)

by Michael Volkov on

In my continuing review of corporate misconduct in the automobile industry, today we examine the Takata Corporation scandal for its airbag scheme. Takata is a manufacturer and supplier of automotive safety equipment. It...more

Looming Takata Bankruptcy Presents Risk and Uncertainty to Trade Creditors

by Varnum LLP on

In the latest sign of the Takata Corporation airbag fall-out, on December 26, 2016 BMW announced that it will recall nearly 200,000 of its cars in China with Takata airbags. Takata and its 19 OEM customers face potential...more

Takata Airbag Recall Balloons — 7 Automakers Join List

NHTSA Calls Controversy ‘Largest and Most Complex Safety Recall in U.S. History’ - The consumer-safety threat posed by defective airbags in millions of vehicles worldwide has escalated again....more

Takata Recall expands to include 2016 Honda CR-V

The sweeping Takata airbag recall, the largest in automotive history, has involved over 19 million cars manufactured by twelve automakers. The recall has surrounded faulty airbags that, sometimes, have resulted in serious...more

Pink Flamingos and the Compliance Audit

by Thomas Fox on

The creator of one of the most ubiquitous symbols of mid-century Americana died earlier this week. Don Featherstone, the creator of the pink plastic lawn flamingo, the ultimate symbol of American lawn kitsch, has died. He was...more

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