Takata to plead guilty, pay $1B in criminal penalties for airbag scheme; 3 Takata execs indicted

Green Car Congress
By mmillikinJan 14, 2017, 5:13 am132 pts
Tokyo-based Takata Corporation, one of the world’s largest suppliers of automotive safety-related equipment, agreed to plead guilty to wire fraud and pay a total of $1 billion in criminal penalties stemming from the company’s fraudulent conduct in relation to sales of defective airbag inflators. An…

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