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How the Toyota Board Handled the Airbag Crisis
In this episode of Boardroom Conversations, Lucas and Luna take a hard look at how Toyota's board steered through the biggest recall in automotive history. When a single faulty airbag inflator linked to over 30 deaths and tens of millions of vehicles worldwide, the board had to move fast and repair a broken supply chain. We break down the timeline, from the first recalls in 2009 to the bankruptcy of Takata in 2017, and how Toyota's board used a three-pronged strategy: overhauling quality oversight, improving supply chain transparency, and rebuilding trust through unprecedented…
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