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Audit finds Takata manipulated air bag tests

Jul. 19, 2016 2:47 AM ETTakata Corp. ADR (TKTDQ) StockHMC, TKTDQBy: Yoel Minkoff, SA News Editor
  • Takata (TKTDY) routinely manipulated results of air bag inflator tests reported to Honda (NYSE:HMC), according to an ongoing audit commissioned by the parts maker and its biggest customer.
  • "We have found examples of what I would call 'selective editing,' where they have left out results... because the results that remained were better," said Brian O’Neill, a former Insurance Institute for Highway Safety president.

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