News

Actions

Takata pleads guilty, to pay $1 billion for hiding air bag defect

Takata pleads guilty to air bag defect
Posted

Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for concealing a deadly defect in its air bag inflators.

The U.S. Attorney's Office in Detroit announced the plea deal on Friday.

Takata will pay a $25 million criminal fine, $125 million to individuals who were injured by the air bags and $850 million to automakers that purchased the inflators. The U.S. district court in Detroit has appointed attorney Kenneth Feinberg to distribute restitution payments.

 

Payments to individuals must be made soon. Money due to automakers must be paid within five days of Takata's anticipated sale or merger. Takata is expected to be sold to another auto supplier or investor sometime this year.

Sign up for our Morning E-mail Newsletter to receive the latest headlines in your inbox.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Monday

10/27/2025

Partly Cloudy

-° / 52°

2%

Tuesday

10/28/2025

Clear

77° / 52°

4%

Wednesday

10/29/2025

Clear

80° / 54°

2%

Thursday

10/30/2025

Mostly Clear

82° / 55°

3%

Friday

10/31/2025

Clear

78° / 54°

4%

Saturday

11/01/2025

Clear

79° / 55°

3%

Sunday

11/02/2025

Partly Cloudy

77° / 55°

2%

Monday

11/03/2025

Mostly Clear

80° / 56°

1%