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Jun 5, 2015
06/15
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CSPAN3
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mr. bozella and mr. bainwol. it appears that we have a unique instance where regulators and industry seem to agree on approach to address a problem in large part because everyone understands that sharing this information will improve safety. but my question is this. if you know the answer, when and how do your members plan on making this information available to recyclers and are you aware of any discussions in the industry to help share this information to improve safety? mr. bozella yeah, if you can go first. >> i don't know the answer to your question. i'll certainly go back to our members that were on the panel and get back to you. >> okay. mr. bainwol? [ inaudible ] okay. so, if you guys could because i understand you may be unaware of the issue, if you could maybe get that information and follow up with my office that would be helpful as we continue to explore this issue going forward. i'll ask you this. what can your organizations do to kind of help facilitate this and make something like this happen? >> w
mr. bozella and mr. bainwol. it appears that we have a unique instance where regulators and industry seem to agree on approach to address a problem in large part because everyone understands that sharing this information will improve safety. but my question is this. if you know the answer, when and how do your members plan on making this information available to recyclers and are you aware of any discussions in the industry to help share this information to improve safety? mr. bozella yeah, if...
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Jun 2, 2015
06/15
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CSPAN3
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mr. bozella, you indicate that the rate of compliance with recalls drops dramatically. did i hear you right that it's 15% for older vehicles and could you explain exactly the years involved where it would be as low as 15%? >> yeah. i don't know that i mentioned exactly the numbers -- >> perhaps you didn't. >> but you're exactly right congressman, the trend is that further out into the ownership of a vehicle, the recall completion rate is lower. if the question is why is that, second and third owners, these vehicles are often owned by second and third owners. they're difficult to find. so the manufacturers are doing everything they can right now working very hard to increase those completion rates. >> in conclusion because my time has expired i'm concerned about those who have vehicles that very purchased not new. this would be people who might not be awareness sarl necessarily as someone who purchased a new vehicle. this is a great concern and i want to work with you and others and the committee to make sure that all this gets resolved. >> i thank our panelists. the day
mr. bozella, you indicate that the rate of compliance with recalls drops dramatically. did i hear you right that it's 15% for older vehicles and could you explain exactly the years involved where it would be as low as 15%? >> yeah. i don't know that i mentioned exactly the numbers -- >> perhaps you didn't. >> but you're exactly right congressman, the trend is that further out into the ownership of a vehicle, the recall completion rate is lower. if the question is why is that,...
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43
Jun 2, 2015
06/15
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mr. john bozella, chief executive officer of global panelmakers. >> distinguished members of the subcommittee i am honored to it be here on behalf of takata and our employees throughout the united states. for takata, safety is the core of who we are and what we do. we're proud that takata airbags have saved thousands of lives and prevented serious injuries. hundreds of thousands of accidents. it is unacceptable to us for even one of our products to fail to perform as intended. we deeply regret each instance in which someone has been injured or killed. we are committed to doing everything in our power to address the safety concerns raised by airbag ruptures. our chairman has made that commitment personally to administrator rosekind. so let me tell you what we're doing. after months of testing and extensive analysis we have agreed with ntsa to take broad actions in conjunction with automakers to respond to your concerns and those of the public. we have recommended dramatically expanded recalls, including national recalls, that go well beyond what is suggested by the science and testing. most of
mr. john bozella, chief executive officer of global panelmakers. >> distinguished members of the subcommittee i am honored to it be here on behalf of takata and our employees throughout the united states. for takata, safety is the core of who we are and what we do. we're proud that takata airbags have saved thousands of lives and prevented serious injuries. hundreds of thousands of accidents. it is unacceptable to us for even one of our products to fail to perform as intended. we deeply...