Takata Defective airbag recalls (2013-present) The U.S. National Highway Traffic Safety Administration and the Japanese manufacturer of airbags Takata Corp. agree to a five-year consent decree where the company agrees to pay a civil penalty of $70 million and faces as much as $130 million more in fines if it violates the settlement. Twelve automakers are ordered to speed up recalls that so far have only reached about a quarter of the affected cars. Sources: Bloomberg USA Today