Four automakers—Toyota, BMW, Subaru, and Mazda—have agreed to a proposed $553 million settlement to compensate owners of vehicles with defective Takata airbags. The funds are intended to reimburse current and former owners for expenses such as car rentals, lost wages, or towing charges incurred while waiting for repairs. This agreement, filed in the United States District Court in Miami, is part of a larger class-action case and does not cover personal injury claims. Legal action is ongoing against other manufacturers, including Ford, Nissan, and Honda, who also used the rupture-prone airbags.
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Originally published by Neal E. Bourdette | May 5, 2020 | The New York Times
