DETROIT (AP) — Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S.
- 16 August, 2017 Carmakers win brief reprieve from lawsuits over faulty Takata air bags Automakers on Wednesday won a temporary reprieve from lawsuits filed by victims of defective air bags made by bankrupt Takata Corp that led to the largest-ever auto safety recall and at least 18 deaths. The decision gives the Japanese auto supplier b...
- 1 March, 2017 Air bag company to pay one billion dollars in fraud charges Takata air bag company pleads guilty for faulty airbags and attempts to conceal their mechanical errors.
- 11 July, 2017 Polygamous leader pleads not guilty to fleeing fraud charges SALT LAKE CITY (AP) — A polygamous leader who was captured nearly a year after escaping home confinement on federal food-stamp fraud allegations pleaded not guilty Monday to new charges from his time on the run.
- 27 July, 2016 Nissan quarterly profit down 11 pct on yen, shrinking sales TOKYO (AP) — Japanese automaker Nissan Motor Co. is reporting a 136.4 billion yen ($30.7 million) profit for the fiscal quarter through June, down nearly 11 percent from the same period a year ago, after a mileage testing scandal at its supplier hit its minicar sales in Japan.
- 9 April, 2017 Serbian president-elect accused of poll fraud Serbian president-elect Aleksandar Vucic's main poll rival accused the former premier Sunday of "scandalous irregularities" in the election which handed him victory earlier this month. Centre-left candidate Sasa Jankovic, who garnered 16 percent in th...