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A 2014 Takata billboard ad stressed the importance of safety, an area in which the company was found lacking.   © Reuters
Business trends

Lack of cooperation compounded Takata air bag disaster

For years, auto industry left supplier to deal with inflator problem itself

TOKYO -- Takata's spectacular downward slide into bankruptcy is a complicated tragedy.

One of the major factors behind the biggest postwar bankruptcy of a Japanese manufacturer seems to be a lack of close cooperation between the supplier and its clients as well as among automakers responding to the complex technological problem.

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