As Takata pleaded guilty and agreed to pay a $1 billion in restitution, compensation and fines, one issue remains in doubt: What role did the automakers play?
If you listen to the car companies, they are victims as well. In fact, the settlement agreement shows them receiving $825 million due to Takata’s carelessness.
The airbag inflators can explode with too much force in certain conditions, hurling shrapnel into the vehicle cabin. The result is 16 deaths and nearly 200 injuries worldwide. It forced the largest recall in U.S. history: 42 million vehicles. (more…)