Takata could pay up to $1 billion to settle U.S. criminal probe

by SpeedLux
takata corp

Japan’s Takata Corp is almost done with a settlement with the United States Department of Justice and is anticipated to pay up to $1 billion to solve accusations of criminal misbehavior in managing its defective air bags.

The final figure could be in the high numerous millions of dollars, individuals knowledgeable about the matter informed.

A minimum of 184 individuals have actually been injured in the United States in incidents associated possibly fatal Takata air bags.

Takata is presently responsible for the largest auto recall in history. Having recalled 40 million vehicles across 12 vehicle brands for “Airbags that could explode and potentially send shrapnel into the face and body of both the driver and front seat passenger.”

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More