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Takata Says President Stepping Down to Streamline Air Bag Recall Response

(Reuters) โ€“ Takata Corp (7312.T), the auto supplier embroiled in a global safety crisis, said Wednesday its president, Stefan Stocker, would step down and its chairman would assume the role to unify the companyโ€™s response to the recall of millions of vehicles carrying defective air bags. Stocker, a Swiss national, joined Takata from privately-held supplier […]

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