NHTSA Issues $200 Million Penalty To Takata for Defective Airbags, Orders Recall Speedup
The National Highway Traffic Safety Administration (NHTSA) recently announced it would be fining Takata Corporation, a manufacturer of automotive airbags, up to $200 million for violating safety regulations and failing to report defects. They are also ordering a recall speedup of the defective airbags and requiring the company to take additional safety compliance measures. The civil penalty is the…Read More