Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect
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.
WASHINGTON (Reuters) - General Motors Co , Volkswagen AG , Fiat Chrysler Automobiles NV and Daimler AG knew of problems with Takata air bag inflators and should... Reuters - BusinessAlso reported by •SeattlePI.com •Japan Today
Australia has ordered the recall of 2.3 million vehicles fitted with Takata Corp air bags that have been linked to deaths worldwide, in the country's biggest compulsory product recall. Sara Hemrajani.. Source: Reuters Studio -
On Thursday, Takata's US unit agreed to settle a probe by 44 state attorneys general into claims that it concealed a deadly safety defect with air bag inflators. Takata which is in bankruptcy.. Source: Wochit -
Ford and Mazda are adding more than 35,000 pickup trucks in North America to a list of vehicles that should not be driven because they have Takata air bag inflators with a high risk of exploding. Source: Rumble -
Ford and Mazda are adding more than 35,000 pickup trucks in North America to a list of vehicles that should not be driven because they have Takata air bag inflators with a high risk of exploding. Source: ABC 2 News WMAR -
According to court papers, Takata Corp’s U.S. unit reached a settlement with its creditors, lawyers for those injured by its deadly air bags and automakers. The settlement smoothes the way to end its.. Source: Wochit Business -