Sympathy for airbag vic­tims

The Star Early Edition - - INTERNATIONAL -

JA­PANESE auto-parts maker Takata yes­ter­day ex­pressed its con­do­lences to the vic­tims of its faulty airbags, which have been linked to at least 16 deaths and 180 injuries around the world, but stopped short of of­fer­ing a full apol­ogy. “We of­fer our con­do­lences to those who lost their lives and to those who suf­fered injuries,” Shige­hisa Takada, the chair­man and chief ex­ec­u­tive of Takata, said at the com­pany’s last an­nual share­holder meet­ing as a listed com­pany. The meet­ing came a day after Takata, fac­ing tens of bil­lions of dol­lars in costs and li­a­bil­i­ties fol­low­ing al­most a decade of re­calls and law­suits, said it had filed for bank­ruptcy pro­tec­tion in Ja­pan and the US. As part of the ar­range­ments, it will be largely ac­quired for $1.6 bil­lion (R20.7bn) by Key Safety Sys­tems. – Reuters

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