Wednesday, December 28, 2016

Takata expected to pay 1bn in US air bag settlement

Japanese auto parts maker Takata will pay nearly one billion dollars to settle allegations of criminal wrongdoing relating to its faulty air bags in a suit brought about by the US Department of Justice, according to the Wall Street Journal.

Takata is expected to plead guilty to criminal misconduct as part of the settlement.

Our US correspondent Rebecca Foster reports.

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