Takata has pled guilty to wire fraud and agreed to pay $1 billion in fines and restitution. Read more
Automakers have won a temporary reprieve from lawsuits filed by victims of defective air bags made by bankrupt Takata Corp. Read more
The special master recommended to the court that Honda should be ordered to provide three deposition dates for Fukuda. Read more
Takata told NHTSA that it plans to work with the automakers to implement appropriate recalls to replace the inflators. Read more
Takata had filed a motion for a temporary injunction related to an adversary action it filed earlier. Read more
Takata said earlier this year that it would plead guilty and pay $1 billion to end a DOJ investigation into the deadly air bag inflators. Read more
In February, Takata pleaded guilty to wire fraud charges in the U.S. for systematically withholding information about the defects. Read more
The Takata settlement covers more than 9 million Toyota vehicles, 2.6 million Subaru vehicles, 2.3 million BMW vehicles and 1.7 million Mazda vehicles. Read more
Takata’s air bag inflators have been linked to at least 11 deaths in the U.S. and caused the largest auto recall in the nation's history. Read more
No example better highlights the potential risk than the Takata airbag recall. Read more
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