Tag: indicted

Collision Repair
Former Takata execs charged, Ford and Honda expand recall
By Mike Davey Detroit, Michigan — January 15, 2017 — Three former employees of Takata have been formally indicted by a US federal grand jury in Detroit. The charges stem from the well-known issues surrounding Takata airbags in recent years. The executives are alleged to have concealed defects in the company’s airbag inflators. A statement […]
January 15, 2017
Three former Takata executives have been charged with one count of conspiracy to commit wire fraud and five counts of wire fraud for transfers of funds. The charges stem from their alleged involvement with covering up faulty Takata airbag inflators.
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