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US Imposes Record Fine on Japanese Air Bag Maker

The top U.S. car safety agency imposed a record $200 million fine against Japanese air bag maker Takata on Tuesday for failing to warn the public and government about exploding bags. Seven people were killed and about 100 were hurt when the bags, designed to protect drivers and passengers in an accident, unexpectedly exploded, sending large pieces of metal into heads and bodies. "For years, Takata has built and sold defective products, refused to acknowledge the defect and failed...

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