Takata Corporation Hit with Huge Fines

Posted By Law Offices of Joel Parker || 4-Nov-2015

The National Highway Traffic Safety Administration (NHTSA) has recently hit the Takata Corporation of Japan with a $70 million fine in relation to the airbag recall scandal that has been going on for quite some time now. Why is the fiscal penalty so steep? Part of it has to do with how Takata handled the recall, or did not handle it, depending on the perspective.

When the reports of the dangerous airbags first started up over a year ago, the NHTSA was quick to demand a recall before any more people were hurt, or in some cases, killed. Takata initially resisted, stating that the auto safety organization did not have the power to enforce a recall upon their products. Turns out they were wrong, and now they are paying dearly for it.

In addition to the initial $70 million, the NHTSA has the right to enforce another $130 million penalty against Takata if they do not entirely recall each of their several million defective airbag inflators over the next five years. Takata can stop the recall if they are able to conclusively prove that their products are not dangerous, but this seems unlikely due to the overwhelming evidence against them at this time.

(NBC News has published a full article about this recent development – seen here. SaferCar.gov has an updated list of vehicles affected by the recall – seen here.)

Compensation for the Wrongfully Injured

The fines that are being imposed against Takata may be steep – record-breaking if they actually reach $200 million – but they do not necessarily guarantee a recovery for innocent motorists injured by the defective airbags. If you or someone you know has been hurt in a car accident that could be linked to a defective product manufactured by Takata, let a San Fernando Valley personal injury attorney from the Law Offices of Joel Parker know. I can start you off with a free case evaluation so you do not feel pressured to act by paying upfront fees. Call 888.763.9578 today to learn more.

"It has always been my philosophy that the client's only job is to get better and my job is to handle everything else."

- Attorney Joel Parker

Let Me Provide Relief from the Stresses of Your Personal Injury Case

Send My Information