Numerical

Recalls

$1 billion

Japanese maker of car parts - Takata - will pay as fines after having pled guilty to fraud and for concealing a defect in some of its air-bags. The flaw was blamed for at least 16 deaths in America and prompted the recall of 31 million vehicles.

Last Modified: 01-Mar-2017 3:16 PM

33

Posted by Yatin Dhareshwar in Business & Industry

Tags Automotive Car Parts Takata Recalls

Source The Economist Espresso

2.8 million

washing machines recalled by Samsung due to tops that can unexpectedly detach.

Last Modified: 04-Nov-2016 7:48 PM

127

Posted by Yatin Dhareshwar in Business & Industry

Tags Consumer Goods Samsung Recalls

Source