Takata settles with US states over faulty airbag inflators
States will forgo the $650m civil penalty in favour of victims
The Japanese air bag maker Takata has reached a $650 million (£467.5 million) settlement with the attorney generals of 44 US states and the District of Columbia to resolve a multistate investigation into the company’s failure to disclose known safety defects in some of its airbag inflators. At issue is Takata’s use of phase-stabilised ammonium nitrate (PSAN) as a propellant.