U.S. Agency Sets Fines for Maker of Airbags

In an escalating standoff with Takata, writes the New York Times, federal regulators said on Friday that they would begin to fine the Japanese auto supplier $14,000 a day, saying it had not fully cooperated in an investigation into defective airbags. Takata has failed to respond “fully or truthfully” to two orders that it turn over documents and information related to the defect, the National Highway Traffic Safety Administration wrote in a letter to the company.