Takata May Pay $1 Billion In Airbag Settlement
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MINNEAPOLIS (WCCO) -- Airbag maker Takata could be close to a multi-million-dollar criminal settlement.
The Wall Street Journal says the Japanese manufacturer could agree to pay as much as $1 billion for its handling of exploding airbags.
The problem is linked to 11 deaths and more than 180 injuries in the United States, including a Minnesota woman who was blinded in a crash.
The report says the company could plead guilty to criminal misconduct.
More than 69 million inflators have been recalled in the U.S. and more than 100 million worldwide.
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