U.S. Transportation Secretary Anthony Foxx announced a $14,000 per day fine against airbag manufacturer Takata for “failing to fully cooperate” with the ongoing investigation by the National Highway Traffic Safety Administration (NHTSA) into the company’s defective airbags. Late in 2014 NHTSA issued two Special Orders to Takata requiring the company to provide documentation and other material relating to the agency’s investigation.
“Safety is a shared responsibility and Takata’s failure to fully cooperate with our investigation is unacceptable and will not be tolerated,” said Secretary Foxx. “For each day that Takata fails to fully cooperate with our demands, we will hit them with another fine. But, it’s not enough. I am asking Congress to pass the GROW AMERICA Act which would provide the tools and resources needed to change the culture of safety for bad actors like Takata.”
To date, Takata has not fully cooperated with the investigation, according to the NHTSA.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
