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Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect
January 15, 2017 by admin · Leave a Comment
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. The deal was announced hours after prosecutors in Detroit charged three former senior Takata executives …
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Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect