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Daily Archives: November 3, 2015

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U.S. Regulators Fine Takata Up to $200 Million Over Faulty Airbags

Product Safety NewsBy Hank DidierNovember 3, 2015Leave a comment

Source:  New York Times / November 3, 2015 -In the stiffest civil punishment ever imposed in the auto industry, federal regulators levied a penalty of up to $200 million on Takata, the maker of millions of faulty airbags, for failing to disclose the defect to regulators in a timely manner. Takata is being fined $70…

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