One felony count of wire fraud. That was the result of the Justice Department's investigation into 16 deaths involving cars that used its airbags, Automotive News reports.
Takata confirmed it would pay out $1 billion as part of a settlement, and also that it would be pleading guilty in the case. Additionally, three high-ranking Takata executives have been charged with falsifying test results in an attempt to cover up the company's 100 million defective airbag inflators.
According to the U.S. Senate, every new car sold by Ferrari today uses faulty Takata airbags that will be scheduled to be recalled by the end of 2018