Takata Corp.’s chairman and chief executive officer issued an apology in response to an auto-safety crisis created by flaws in its air bags, reported Bloomberg.
“We deeply regret that the recent recalls of vehicles equipped with our airbags have likely raised significant concerns and troubles to our product users, our customers, shareholders and other stakeholders,” Shigehisa Takada, whose grandfather started the company as a textile manufacturer in the 1930s, said in a statement. “We sincerely apologize for causing any such concerns and troubles.”











