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Takata Corp. said today that CEO Shigehisa Takada had no intention "as of now" to resign as the airbag maker struggles with a long-running safety recall crisis.

In a brief statement to the stock market, Takata said it had not announced Takada's resignation and "as of now he has no intention to resign."

Citing two people close to Takata, Reuters earlier reported that the supplier would tell its automaker customers at a meeting today that Takada, grandson of the group's founder, was willing to step down and take responsibility for the recalls.



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Takata CEO Still Not Taking Responsibility And Stepping Down For Global Recalls

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