The U.S. government has fined Takata Corp. $1 billion as part of the Japanese automotive supplier’s agreement to plead guilty to one count of wire fraud.*The move comes after potentially faulty and explosive airbags supplied by Takata prompted the largest automotive safety recall in U.S. history. The fine is broken down as a $25 million […]
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U.S. Penalizes Takata $1 Billion and Charges Three Executives with Fraud
