What is the fate of Takata after the crisis of the airbags?


it Was in 2008 when it began a nightmare for Takata, one of the leading providers globally in passive safety systems (among others). It was discovered that its airbags were deployed with more force than the initially calculated, doing that will not only desplegase the air bag, but also bits of plastic and metal that can hurt the occupants.

gradually have been adding to the list of calls to review more than 100 million vehicles at the global level, being the overwhelming majority in the united States, and the problem affects mainly to Honda. Spinning more fine, the problem will affect more vehicles in states with a hot climate/humid, and the higher their age.

The problem is due to the mechanism pyrotechnic inflator, which uses ammonium nitrate. With the passage of years and the moisture, the compound becomes unstable, and when necessary the operation of the air bag, the explosion is very violent. There have already been cases of people who have died or been seriously injured in collisions very mild, which had no airbag would have been unharmed, as in the case of Huma Hanif.

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Takata not only has to cope with the costs of calls to fix (around $ 100 per vehicle), but that has/will have to pay penalties in the millions and disbursing large sums in the case of individual claims or collective on the part of the injured or family of the deceased. accounted for 13 deaths in the united States and Indonesia at the moment.

To all this must be added another indirect victim, a woman who disappeared -literally – to make explosion a truck in the united States carrying inflators. Due to a fire in the cargo compartment, thousands of inflators operated at the same time. A home was destroyed, the truck disintegrated, and formed a crater. Imagine the magnitude of the explosion.

are Still coming out of factory new cars that use this type of inflators, but there is no immediate danger since the degradation takes years to occur, and depends on the weather. With the inability to quickly change the inflators so many vehicle, you’re doing priority: first, have the highest risk. Let us consider, coolly, that 14 deaths among the more than 100 million is, statistically, something despicable. the potential hazard Is concerned.

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The eighth victim was Jewel Brangman, at that time bride of a son of Clint Eastwood. It was in a collision mild

Takata continues to give benefits (18.39 per million euros between April and June, that is to say, the first quarter of fiscal year japanese. However, the company is not as strong. From 2014 your actions have devalued 90%, and there is a risk that the company ends up disappearing, or their business is chopped between creditors or competitors. What would that be something positive? Not so much.

The fifth of the world’s vehicles have airbags from this manufacturer

The fact that there are several competitors in this business makes the costs decrease for the manufacturers, and therefore, for the buyers. If it falls one of the largest, does not have to be positive. Takata is already working on solving the huge problem that it has generated, but years.

The company is looking for a financial support in order to keep the company afloat, but the costs of the call to review become astronomical. Otherwise, the company could not cope with the damages and other costs, and that, definitely, is not interested in anyone. Even the competition of Takata has benefited from the crisis, because they produce to Takata inflators replacement, and it pays to Takata.

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Huma Hanif was another victim of a collision is slight. Its Honda Civic 2002 had been called upon to review, but their parents had not received notice. The explosion of the airbag caused her to have wounds that produced death in seconds

According to Reuters Takata is negotiating with six to seven companies, including competitors and private investment funds, something that Takata doesn’t speak. There is an interest to rescue the company, because it is not finished or a lot less. The automobile market in the world continues to grow thanks to the pull of southeast asia, and Takata has a lot of volume of business.

let us Return to the data from the first quarter of FY2016. billing amounted to 1.504 billion euros (- 6.6%), operating profit was of 88,7 million euros (down 3.4%) and the net profit -excluding costs of calls to fix – it is at 18.39 per million (-32%). When you have replaced all the airbags -discounting the vehicles that lie in scrapyards- will be a solid company of new, although it has lost some customers, such as Honda.

In summary, Takata will not disappear, because it should not disappear. What has happened is tremendous, the greatest call to review the car industry, and a real financial drain. You must also take into account countless others, such as the anxiety that can mean driving a car that has not been able to be repaired, fearing that the deployment of the airbag is more dangerous than not having it directly.