Automakers including Honda, Ford, and Toyota are arguing in federal court that a $1 billion plea agreement with airbag manufacturer Takata should absolve them of liability in civil litigation brought by car owners. As part of its deal with the U.S. Justice Department, Takata admitted to providing fraudulent airbag test results to these carmakers. The automakers claim they are victims of Takata’s deception, but lawyers for the car owners, led by Peter Prieto, argue the companies independently knew about the dangerous airbags. Car owners are suing for economic damages, alleging the automakers continued using the faulty airbags despite this knowledge and misrepresented the safety of their vehicles.
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Originally published by Alison Frankel | Feb 28, 2017 | Reuters
