Takata will pay a fine for ‘airbags’ defective – Expansion MX

WASHINGTON (Expansion) –

The japanese group Takata stated this on Friday found guilty of fraud and must pay a fine of 1,000 million dollars (mdd) in the united States (U.S.) for the case of their airbags defective, according to the department of Justice.

The fine will help to bridge the allegations that Takata gave reports “manipulated and fraudulent” to conceal the defects in its air bags, which, it is suspected that they caused the death of 15 people, 11 of them in the US, said the agency AFP.

The greater part of the money that the company agreed to pay will go to the automakers who bought the pouches of air of the company and they have had to pay to repair them, according to CNNMoney.

Takata will carry out meaningful reforms and will be in a period of conditional test for three years under the supervision of an independent monitor, according to Reuters.

This Friday, were also indicted three exejecutivos of the manufacturer nippon as a result of an investigation of the company, according to court documents published this Friday.

Shinichi Tanaka, Hideo Nakajima and Tsuneo Chikaraishi are accused of “conspiracy” for attempting to conceal the serious defects of the airbags that have been used on a large scale by many manufacturers, both u.s. and foreign, according to the indictment dated in December and released this Friday.

The removal of air bags from Takata, which started in 2008 and could be completed until 2023, will affect 42 million cars in the US and is the largest in history.

Takata, which manufactures both air bags like seat belts, controls 20% of the global market. After publicize the fine, the shares of the firm climbed 16.5% in the market of Japan, indicates Reuters.

on Thursday, Ford called review to 816,000 vehicles within and outside the united States due to possible fault in air bags manufactured by the company nippon.

Some 34 brands of automobiles have had to call to review several of their models to replace the bags from Takata, according to CNNMoney.

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however, the failures in the air bags have not been the only ones reported in the last few years. General Motors (GM) paid 900 million to resolve charges related to a faulty switch linked to at least 124 deaths and 275 injuries. For its part, Toyota has paid 1.2 billion in 2012 to resolve cases related to the unintended acceleration of its cars.