Airbag manufacturer may finally be on its way to moving forward from an unfortunate airbag scandal that blew up in its face.
According to a statement by the company, Takata is recognizing and acknowledging that 34 million of its airbags may be defective, pressed by the National Highway Traffic Safety Administration.
"We have worked extensively with NHTSA and our automaker customers over the past year to collect and analyze a multitude of testing data in an effort to support actions that work for all parties and, most importantly, advance driver safety," said the statement.
What this means for consumers
This is the largest recall in recent automotive history, according to The New York Times, although it's not yet certain which vehicles fall under the all-encompassing statement. Takata has supplied airbags to Honda, BMW, and Toyota, among other companies, and nearly a dozen companies have issued their own recall notices.
What this means in the broader picture
We'll have to wait and see what kind of damage control Takata continues to employ. To ensure stability during the early recall stages, Autoliv stepped up, so it will be interesting to see if and how Takata can recover.
Automotive industry history has shown recovery from recall situations, so it's up to Takata and NHTSA, as well as the affected OEMs, to prove themselves.