Takata's $200M Air Bag Defect Fine Is Largest NHTSA Penalty

By Sindhu Sundar (November 3, 2015, 2:21 PM EST) -- Takata Corp. was hit Tuesday with $200 million in civil penalties — the largest imposed by the National Highway Traffic Safety Administration — of which it will pay $70 million as a part of a settlement over a defect in the Japanese auto parts maker's air bag inflator linked to eight deaths and the injuries of some 100 drivers and passengers. 

Takata's settlement with the National Highway Traffic Safety Administration includes $130 million in penalties that could be enforced if Takata doesn't comply with the deal's terms. (Credit: AP) The agency on Tuesday confirmed the settlement, which includes an additional $130...

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