US to fine air bag maker Takata $14,000 per day
Source: AP-Excite
By JOAN LOWY and TOM KRISHER
RICHMOND, Va. (AP) The U.S. government says it will fine Japanese air bag maker Takata Corp. $14,000 per day for failing to fully cooperate in a long-running investigation of faulty and potentially dangerous air bag inflators.
The inflators, which are in cars made by 10 auto companies, can explode with too much force, spewing shrapnel into drivers and passengers. At least six people have been killed worldwide due to the problem.
Transportation Secretary Anthony Foxx announced the fines on Friday in Richmond, Virginia, on a bus tour to promote a major transportation bill. He says the fines will grow each day that Takata fails to comply with two special orders issued last year by the department's National Highway Traffic Safety Administration.
"Safety is a shared responsibility, and Takata's failure to fully cooperate with our investigation is unacceptable and will not be tolerated," Foxx said in a statement.
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