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Major Takata investor dumps stock after losing trust in management

2015-12-07 14:43:53| Automakers - Topix.net

Takata Corp. has lost the confidence of one of its biggest former shareholders, which said the company cut off access to management and downplayed risks as its airbags spurred a record auto safety recall. Sawakami Asset Management sold the last of its Takata shares in early October, before a U.S. regulator's unprecedented crackdown on the company.

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