US court accepts Takata’s guilty plea in defective airbag case; supplier to pay USD1 billion in penalties
Court filing alleges automakers of having knowledge about defective inflators but continued using them
A US court on Monday (27 February) accepted Takata's guilty plea and restitution for automakers and victims injured or killed by defective air bag inflators, reports Associated Press.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here