Virginia and Maryland were among dozens of states to reach a $650 million settlement with the U.S subsidiary of a Japanese company that manufactured faulty airbags installed in millions of automobiles worldwide, bags that sprayed deadly shrapnel that killed at least 22 people and injured hundreds more, the Washington Post reported. The agreement was reached with TK Holdings, Inc., the American subsidiary of Takata, as part of a settlement between 44 state governments and Washington, D.C., requiring a $650 million payout by the Japanese firm. Nearly 34 million of the 250 million vehicles on U.S. roads have been part of the largest recall in U.S. history.
