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What are the Ripple Effects of the Honda-Takata Break-up?

By Matthew Baumann, Datafeed Implementation Specialist
Nov 4, 2015

On November 4, Honda Motor Co. announced that it will no longer use airbags made by Takata Corp. in its vehicles, amid allegations that the airbag supplier has been misrepresenting and manipulating test data for its defective products. The company’s airbags, which can explode and fire shards of metal when activated, have been linked to eight fatalities and more than 100 injuries.

With more information about the malfunctioning airbags coming to light, are there other automobile manufacturers that may join Honda in distancing themselves from Takata? How will Takata’s own suppliers fare?

Using FactSet Supply Chain data, we can see Takata’s other well-known customers, including Fiat, Volkswagen, and GM.

 

Supply Chain data also allows us dig into Takata’s suppliers.

Using FactSet Industry data, we’re able to screen for public companies in the Auto Parts sector that are based out of Japan. Are these Takata competitors likely to bid on Honda’s airbag business going forward?

It remains to be seen how the auto industry will respond to Takata’s failure to adhere to safety measures, but FactSet data shows us that the impact of their indiscretions could be far-reaching.

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