AirbagRecall
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Takata pleads guilty to fraud in faulty airbag cover-up
Japanese auto parts maker Takata has formally pled guilty in federal court today to a criminal fraud charge stemming from its cover-up of millions of faulty airbags. As part of the guilty plea, Takata admitted it intentionally hid the fact that its airbag inflators could explode and throw hot metal shrapnel into drivers' faces.
Honda recalls another 772,000 vehicles with faulty airbags
While autoparts maker Takata, works out a criminal deal with the US Justice Department, the largest US auto recall ever is still getting bigger. According to the Associated Press, Honda Motor Company is recalling another 772,000 Honda and Acura vehicles with faulty airbags in the US.
Takata expected to settle deadly airbag scandal for $1 billion
For their part in the largest US auto recall ever, the Takata Corporation is expected to pay up to a $1 billion financial penalty and plead guilty to criminal misconduct, the Wall Street Journal reports today. The National Highway Highway Traffic Safety Administration recalled some 42 million vehicles in the US alone after discovering Takata's faulty airbag systems could deteriorate over time and risk causing an explosion of hot metal shrapnel upon inflation. The Takata systems were responsible for 11 deaths and over 100 injuries worldwide.
US automakers recall 12 million more vehicles with Takata airbags
Faulty Takata airbag inflators resulted in the recall of 12 million more US vehicles from eight major automakers on Friday. The National Highway Traffic Safety Administration posted recalls from Honda, Fiat Chrysler, Toyota, Mazda, Nissan, Subaru, Ferrari and Mitsubishi over the airbag issue, The AP reports. Dangerous inflators from Japanese company Takata have so far led to the recall of up to 40 million airbag systems worldwide. Japan's transport ministry also recalled an additional 7 million airbag systems on Friday.
