Takata Corp. Faces $200 Million Fine Due to Airbag Defect

Takata Airbag Recall

Japan-based Takata Corporation faces a penalty of up to $200 million due to the company’s faulty and defective airbags, which can explode and send metal shrapnel towards drivers and passengers upon impact after a crash. This would be the largest penalty ever imposed by the National Highway Traffic Safety Administration (NHTSA). [Read more…]