Japanese auto parts maker Takata pleaded guilty to fraud and will pay $1 billion in penalties for concealing a deadly defect in its air bag inflators. The company admitted to hiding evidence that the inflators could explode with excessive force, a malfunction linked to at least 16 deaths and more than 180 injuries worldwide. This issue prompted the largest automotive recall in U.S. history, involving 42 million vehicles. In a related developmhttps://www.podhurst.com/news/takata-pleads-guilty-to-pay-1b-in-criminal-penalties/ent, plaintiffs’ attorneys filed court papers alleging that five major automakers, including Honda and Toyota, knew the air bags were unsafe but continued to use them to save money.
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Originally published by Associated Press | Feb 27, 2017
