Global Safety Leader Takata Corporation Honored with 2010 General Motors Supplier of the Year Award

First Time GM Presents Award for Airbags, Steering Wheels and Seat belts to One Safety Supplier

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Mar 16, 2011, 05:28 ET

AUBURN HILLS, Mich., March 16, 2011 /PRNewswire/ -- As the global automotive industry continues its resurgence, General Motors took time to celebrate its tremendous momentum with the annual GM Supplier of the Year ceremony. The event took place at the GM World Headquarters located at the Renaissance Center in Detroit, Michigan, and was hosted by GM Chairman and CEO, Dan Akerson.

This year brought about an unprecedented accomplishment for Takata Corporation, as it was the first time in the award's rich history that one individual supplier received the award for all three safety-related products: Airbags, Steering Wheels and Seat Belts. Takata Corporation President and COO, Shigehisa Takada, was in attendance from Tokyo to personally receive the award and recognize the special relationship between Takata and GM.

"Since our founding more than 75 years ago, Takata has dedicated our entire focus to the safety of human life leading to providing drivers and passengers of motor vehicles the most technically advanced protection from injury available -- and ultimately to saving lives," said Shigehisa Takata. "Being recognized by a global automotive titan like General Motors as Supplier of the Year in all three safety related areas is a true honor, and an acknowledgment of the commitment we have to working as one with our customers to help make the safest vehicles available in the world."

About Takata Corporation

Takata Corporation is one of the world's leading suppliers of advanced automotive safety systems and products. Its customers include nearly every automotive manufacturer and several Tier One suppliers. Its technology features a strong emphasis on safety restraint systems, seat belts, air bags, safety electronics, interior trim, and special fabrics and textile materials. Takata's worldwide sales approach $5 billion annually, with the company operating 46 manufacturing locations in 17 countries, and 11 research and development locations on three continents. Takata employs more than 35,000 people globally, with more than 18,000 in North America.

www.takata.com