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Takata to Pay $1 Billion in Airbag Settlement, Three Execs Indicted

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Old 01-13-2017, 12:51 PM
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Default Takata to Pay $1 Billion in Airbag Settlement, Three Execs Indicted

Takata will pay $1 billion in a settlement with the U.S. Justice Department over airbag ruptures, Reuters reported today. As part of the settlement, Takata is expected to plead guilty to wire fraud. Citing sources familiar with the matter, Reuters says that details of the settlement will be announced as early as today. The $1 […]
The post Takata to Pay $1 Billion in Airbag Settlement, Three Execs Indicted appeared first on Motor Trend.


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