Takata to meet major carmakers

TOKYO: Takata Corp, the air-bag supplier behind the biggest US consumer safety recall, plans to detail its business outlook to major customers at a meeting this week so as to gauge how receptive they will be to extending financial aid, according to a person familiar with the matter.

Takata wants to hold the meeting to dispel rumours and gauge the reaction of automakers to the possibility that it will ask for financial support, according to the person, who asked not to be identified because the information isn’t public. Honda Motor Co and Nissan Motor Co both said they received invitations to a meeting with Takata last Friday, without giving more details. Takata spokesman Toyohiro Hishikawa declined to comment.