Units of Honda Motor Co. have agreed to pay $85 million to settle an investigation by most U.S. states into its use of defective Takata airbag inflators in its vehicles, according to a consent order made public on Tuesday. The …
Three former Takata Corp. employees will share an award of $1.7 million after they alerted authorities to the risks of deadly air bag inflators that led to the largest recall in automotive history. The whistleblowers provided extensive assistance and information …
Takata Corp.’s U.S. unit reached a settlement with its creditors, lawyers for those injured by its deadly air bags and automakers that smoothes the way to end its Chapter 11 bankruptcy and sell its viable operations, according to court papers. …
Japan’s Takata Corp. removed a major obstacle to its potential sale or restructuring, pleading guilty on Monday in a U.S. federal court to a felony charge as part of a $1 billion settlement that included compensation funds for automakers and …
