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News & Perspective

March 6, 2015

Takata Fined $14,000 Daily for Faulty Airbags

The United States is fining Takata Corporation, a Tokyo, Japan-based company that manufactures airbags, $14,000 each day due to non-compliance in the investigation into their faulty airbags. Late last year, the National Highway Traffic-Safety Administration (NHTSA) initiated a product recall...

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