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Takata admit guilt, and will pay $1 billion settlement to car owners and producers

Takata Corp. admitted guilt this Monday on the federal court as part of a billion settlement. This will include establishing compensation funds for automakers and victims of its faulty airbag inflators.  U.S. vehicle owners also filed the complaints against Honda Motor Co., Nissan Motor Co., BMW AG, Ford Motor Co., Mazda Motor Corp. and other

Ford, Honda, Toyota are expanding Takata recalls

Car producers have revoked millions of Takata airbags. They will continue revoking more units in the next few years. Ford, Honda, and Toyota revealed that they will expand their Takata revokes a lot. Ford added 654,695 cars in the U.S. to the revoke list. They planned expansion of its Takata revoke to new geographic regions

By |2017-01-17T13:23:16+00:00January 14th, 2017|Categories: Ford, Honda, News by Brand, Toyota, US, World|Tags: , , , , , , , , |0 Comments