--
 
WATCH: Sparks fly in thrilling King of the Hill

A new King of the Hill was crowned and saw the reign of two others extended today with a thrilling finale at #JaguarSHC.

8 fast cats score trophies at #JaguarSHC

The 10th Jaguar Simola Hillclimb was a successful affair for Team Jaguar, with a total of eight podium finishes for all eight entries across various categories.

Takata expected to take ownership of faulty airbags, pay huge fine

2017-02-28 07:33

BIG CASH: Takata's finances could take a beating if the company should pay a $1-billion fine. Image: AP / Shizuo Kambayashi

Detroit - Japanese auto parts maker Takata Corp. is expected to plead guilty to a criminal charge and agree to a $1 billion penalty for concealing a deadly air bag inflator problem.

False reports

Company representatives are scheduled to be in US District Court in Detroit. The company agreed in January to plead guilty to one count of wire fraud.

Three executives also have been indicted on charges that they falsified test reports.

READ: 3 Takata workers indicted, accused of hiding airbag defects

Takata inflators can explode with too much force, spewing shrapnel into drivers and passengers. At least 16 people have been killed worldwide and more than 180 have been hurt.

Judge George Caram Steeh is expected to be asked to appoint attorney Kenneth Feinberg to distribute restitution payments to victims and their families.

NEXT ON WHEELS24X
Read more on:    takata  |  detroit  |  explosion  |  guides and lists  |  airbags

There are new stories on the homepage. Click here to see them.