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Violation Tracker Individual Record

Company: Volkswagen Group of America
Current Parent CompanyVolkswagen
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $42,000,000
Year: 2021
Date: September 1, 2021
Offense Group: safety-related offenses
Primary Offense: product safety violation
Secondary Offense: motor vehicle safety violation
Mega-ScandalDefective Airbags
Violation Description: Volkswagen agreed to pay $42 million to settle its involvement in multi-district litigation connected to the use of dangerously defective Takata Corp. air bags.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Florida
Civil or Criminal Case: civil
Case ID: 1:15md2599
Case Name: In Re: Takata Airbag Products Liability Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.