Takata Corp. shares rose by the daily limit Wednesday after the Wall Street Journal reported the company is nearing a settlement with the U.S. Department of Justice to resolve allegations of criminal wrongdoing related to its faulty air bags.
Whether the settlement agreement would include any kind of compensation for consumers isn't known.
The NHTSA enacted a wide-ranging recall that gave priority to the most at-risk vehicles to receive replacement inflators, some of which were determined to have rupture rates of 50 percent.
The total number of Takata airbag inflators victims in the United States now sits at 11, but with such a massive recall underway consisting of millions of vehicles, any minor bump that leads to the deployment of the airbag can add to that tally.
Honda has added yet another weapon in its battle to find owners of vehicles with a potentially faulty Takata airbag module: independent fix shops.The automaker has teamed up with CCC, one of the. Regulators have ordered recalls scheduled through at least 2019 that could eventually exceed 100 million air bags used by more than a dozen automakers, including Honda, Volkswagen and General Motors.
NHTSA has released a number of statements to the media and to vehicle owners urging owners to have the recall procedure performed, expressing grave concern about owners ignoring the recall notices.
Prosecutors are weighing charging Takata with wire fraud after determining the company likely made misleading statements and concealed information about air bags that can explode and spray shrapnel in vehicle cabins, a safety problem linked to 11 deaths and 184 injuries in the US, the people said. On Dec. 12, the National Highway Traffic Safety Administration (NHTSA) issued what's called the "Amended Coordinated Remedy Order".
The scandal-ridden airbag maker is preparing to file for bankruptcy, Japanese news outlet Nikkei reported last month.
However, there's news to cheer for Samsung lovers as both the phones got certified from TENAA, the Chinese certification site. The report says this decision was taken because the edge version of the S7 outsold the regular version of the phone.
Ajayi rushed for 529 yards during the first three contests of the six-game winning streak that turned around the Dolphins' season. The Dolphins had second-and-10 at the Buffalo 25 when Moore forced a pass in the end zone to Kenny Stills.
City officials in Fort Worth spoke publicly Friday for the first time about a viral video causing waves throughout the community. The police officer criticises the woman's parenting before refusing to listen to how her neighbour allegedly assaulted her son.
From today, Wii U owners will be able to download Mario Kart 64, perhaps the most esteemed title in the storied racing franchise. Yet another change is the split screen mode when a team of four players joins hands to play the game.
Well, the first weekend, box office collection of this movie is very good where the makers collected very good profit till now. While everyone is raving about the cinematic experience that Dangal is, one particular man in Ludhiana is fuming at the movie.
She lost in the first round of all four tournaments she played in the summer (Wimbledon, the Olympics, Cincinnati and the U.S. What do you think of Ivanovic's decision? "I have achieved my dreams and I hope to help others do so as well".
The following official TV and online Live Streaming is providing today's Hull City vs Manchester City game. The England winger then forced Curtis Davies into an own goal with some electric dribbling late on.
A representative for the NYPD said the police responded to a call at 9:45 PM for a male in need of medical attention. Boots famously appeared in court to defend his free speech right to shout the phrase on the air.
Bosa has two sacks, three tackles for loss, and three big hits on Browns quarterback Robert Griffin III today. If the Browns end up winning at least one game, they could find themselves in a tiebreaker with the 49ers.
Most observers agree that Palace's American investors wanted change with the spectre of relegation hanging over the club. I don't know if Sam has got a point to prove with his career in league football because he has been very successful.
Iraq commits to OPEC cuts, sends oil prices higher
OPEC and several major non-OPEC producers led by Russian Federation agreed to reduce output by almost 1.8 million barrels per day. They are of the view that the prices will fall next year and may not even reach the $60 mark.