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Violation Tracker Individual Record

Company: Takata
Current Parent CompanyNingbo Joyson Electronic
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Penalty: $70,000,000
Year: 2015
Date: November 3, 2015
Offense Group: safety-related offenses
Primary Offense: motor vehicle safety violation
Secondary Offense: motor vehicle safety violation
Mega-ScandalDefective Airbags
Violation Description: The National Highway Traffic Safety Administration imposed a $70 million cash penalty against Takata in connection with defective air bag inflators and said that another $130 million would be payable if the company did not live up to its commitment to phase out the faulty inflators or if it committed other safety violations.
Level of Government: federal
Action Type: agency action
Agency: National Highway Traffic Safety Administration
Civil or Criminal Case: civil
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: automotive parts
Specific Industry of Current Parent: automotive parts
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.