US fines Takata $200m over faulty airbags

GMT 19:29 2015 Tuesday ,03 November

Arab Today, arab today US fines Takata $200m over faulty airbags

Washington - Arab Today

US auto safety regulators announced a record $200 million fine against Takata on Tuesday for providing inadequate and inaccurate information about its defective airbags.

The National Highway Traffic Safety Administration said however that the Japanese auto parts maker would have to pay just $70 million initially, with additional amounts to be levied only if Takata further violates NHTSA orders or the US Motor Vehicle Safety Act.

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