According to a consent order, Honda Motor Co has agreed to a settlement of $85 million following an investigation by most U.S. states into its use of defective Takata airbag inflators in its vehicles. The investigation by most U.S. states… Read More ›
Takata’s bankruptcy proceedings on novel ground given the number of parties involved and the quantum of the recall. With last week’s global recall of Takata Corp’s defective air bags being widened, the bigger worry, as per legal experts, is the… Read More ›
Takata’s inflator for airbags affect 42 million vehicles in the U.S. alone. This will make it the largest ever recall in U.S. history. Japanese airbag manufacturer Takata whose defective air bags have been linked to 11 deaths in the United… Read More ›
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