The Japanese air bag manufacturer Takata has reached a $1 billion settlement with the U.S. Justice Department over a deadly defect in its air bags that led to a massive recall. At least 16 deaths, 11 of them in the U.S., have been linked to the defect.
Takata to Pay $1 Billion, Plead Guilty in U.S. Air Bag ProbeBloomberg
Takata agrees to plead guilty, will pay $1 billion for hiding air bag defectLos Angeles Times
Takata agrees to guilty plea, will pay $1B for hiding air bag inflator defectChicago Tribune
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