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Takata Corp. Readies USD189million For Lawsuits

Takata Corp. Readies USD189million For Lawsuits
Takata Corp. is getting ready about 20.1 billion yen (USD189 million) in possible lawsuit and recall charges. From this total, some 16.6 billion was decided after reviewing airbag recall costs, according to a statement last Monday. The remaining 3.5 billion yen is related to settlements with consumers injured by the devices. Takata shares plunged by ...

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