A federal court in Florida has given final approval to a $42 million settlement involving Volkswagen Group of America Inc. and Audi of America LLC concerning defective Takata airbags. U.S. District Court Judge Federico A. Moreno approved the deal, which includes an outreach program to accelerate the replacement of the faulty airbags. The agreement also provides class members with options for reimbursement of expenses, a payment of up to $250, and access to free loaner cars during repairs. Lead plaintiffs’ counsel, Peter Prieto, stated the common goal is to remove as many defective inflators from vehicles as possible.
