Takata’s refusal to fully cooperate in a federal investigation of its exploding airbags responsible for the recall of more than 18 million vehicles will now cost them more than bad publicity – the company’s going to pony up $14,000 a day.
“Safety is a shared responsibility, and Takata’s failure to fully cooperate with our investigation is unacceptable and will not be tolerated,” Transportation Secretary Anthony Foxx said in a statement.
The faulty inflators can explode and spew shrapnel into passenger cabin. At least six people have been killed worldwide due to the problem. The inflators are in cars made by 10 auto companies, which have all issued recalls for the affected vehicles. (more…)