In the latest developments surrounding Takata's deadly airbag scandal, Transportation secretary Anthony Foxx released a statement accusing Takata of providing investigators with quote, "incomplete, inaccurate, and misleading information." Foxx also announced that a 70 million dollar fine,
[00:00:30] which could grow to 200 million should Takata Corporation not meet certain conditions.
The National Highway Traffic Safety Administration exercised its authority, issuing a mandate to speed up repairs citing 2019 as the deadline to fix recalled cars.
Japanese automaker Honda dropped Takata in the wake of the scandal. The company said in a statement: "Honda expects its suppliers to act with integrity at all times and we are deeply troubled by this apparent behavior by one of our suppliers." We'll continue to report
[00:01:00] as the story evolves. For Autoblog, I'm Adam Morath.
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