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Takata Nixes Idea Of Airbag Victim Compensation Fund, For Now

Takata Nixes Idea Of Airbag Victim Compensation Fund, For Now

Last month, in his first public address of the massive airbag defect linked to eight deaths and more than a hundred injuries, Takata CEO Shigehisa Takada announced the Japanese auto parts maker would consider the possibility of creating a victim compensation fund. Now, the company says such a fund is a no-go. [More]