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Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect

Reuters India Saturday, 14 January 2017
DETROIT/WASHINGTON (Reuters) - Japan's Takata Corp on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide.
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News video: Former Takata executives indicted for fraud and conspiracy

Former Takata executives indicted for fraud and conspiracy 02:19

Three former Takata executives were indicted for wire fraud and conspiracy Friday for allegedly covering up an air bag defect blamed for eleven deaths in the U.S, reports Kris Van Cleave.

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GoodingLaureen Takata to plead guilty, pay $1 billion u. s. penalty over air bag defects - netscape news 4 days ago


GladneyHealey Takata to plead guilty, pay $1 billion u. s. penalty over air bag defects - netscape news - https://t.co/sJhp5Kx4uz 4 days ago


LITechNews Posts #LITechNews: Takata will plead guilty to covering up recalled airbags, pay $1 billion #Video https://t.co/s8WzGY5ztt 1 week ago

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