NEW YORK: Japan's Takata Corp is expected to plead guilty to criminal wrongdoing as early as Friday as part of a $1 billion settlement with the U.S. Justice Department over its handling of air bag ruptures linked to 16 deaths worldwide, sources said. The settlement includes a $25 million criminal fine, $125 million in victim compensation and $850 million to compensate automakers who have suffered losses from massive recalls, the sources said. The settlement also calls for an independent monitor of the Japanese auto parts…
LOS ANGELES: Toyota said it will recall nearly 1.6 million more vehicles in the United States to correct possible defects in front passenger air bag inflators made by the Japanese company Takata.
TOKYO: Japanese automaker Honda on Monday confirmed a new death linked to an exploding air bag crisis -- bringing the global total to eight fatalities -- that has sparked the recall of millions of vehicles.