Takata Corporation, a Japanese auto parts maker, has agreed to pay $1 Billion after pleading guilty to one count of wire fraud for concealing a defect in millions of its airbag inflators. Takata airbag manufacturers admitted to covering up the defective inflators which can explode with too much force and send shards of metal into…
In May 2014, Ford Motor Company issued a recall for the 2011-2013 Ford Explorers for a defect in the power steering system. The affected vehicles may experience an intermittent connection in the electric power steering gear, which can cause a loss of the motor position sensor signal resulting in a shut-down of the power steering…
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