Takata Airbag Recall 2017: Company May Plead Guilty Of Criminal Wrongdoing Under $1 Billion Settlement With US Regulators
January 13, 2017
Japanese airbag manufacturer Takata Corp. may plead guilty to criminal wrongdoing as part of a $1 billion settlement with the U.S. Justice Department over its handling of defective airbag inflators as early as Friday, sources told Reuters. Takata’s shares went up by 16 percent after the report was published Friday.