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Violation Tracker Individual Record

Company: Takata Corp.
Current Parent Company: Ningbo Joyson Electronic
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $3,000,000
Year: 2018
Date: May 16, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Takata Corp. agreed to pay $7 million to Hawaii, the U.S. Virgin Islands, and the State of New Mexico in settlement of allegations it knowingly sold airbags containing a chemical propellant that could degrade in a dangerous fashion. This settlement was separate from a larger multistate lawsuit.
Level of Government: state
Action Type: agency action
Agency: Hawaii Department of Commerce and Consumer Affairs
Civil or Criminal Case: civil
Facility State: Hawaii
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.