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Wharton management professor John Paul MacDuffie pointed to a fundamental problem in Takata’s use of ammonium nitrate in cartridges within its airbags. The cartridges lacked a material to absorb moisture, which led to them inflating prematurely and exploding, especially in higher levels of heat and humidity.
Many of Takata’s competitors decided not to use ammonium nitrate because of the risks it involved. However, Takata was confident about its engineering and manufacturing expertise and in being able to tackle any quality problems that arose and make improvements, said MacDuffie. Therein lies the genesis of Takata’s problems, including possibly leading it to manipulating test data, he suggested.
https://knowledge.wharton.upenn.edu/art ... a-airbags/
Takata, brought down by airbag crisis, files for bankruptcy
by Jethro Mullen @CNNMoney
June 26, 2017: 11:23 AM ET
With spiraling debts estimated at more than $9 billion, Takata (TKTDY) said Monday it's seeking bankruptcy protection in Japan and the U.S. It's also selling off the lion's share of its business to a U.S.-based rival.
https://money.cnn.com/2017/06/25/news/c ... index.html
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