Honda Airbag Settlement Results in Agreement to Pay $85M To Resolve Lawsuits Brought By States Following Takata Recalls
Honda has reportedly agreed to an $85 million settlement to resolve Takata airbag lawsuits brought by 43 states.
Honda has reportedly agreed to an $85 million settlement to resolve Takata airbag lawsuits brought by 43 states.
More than 250,000 Nissan vehicles are being recalled due to defective Takata airbags which may explode or not deploy at all when needed.
Federal regulators say a new batch of Takata airbag recalls are coming due to a different problem than those which led to previous recalls.
Tens of millions more vehicles may be recalled because they are installed with potentially lethal Takata airbags, which have a tendency to overinflate and explode.
The NHTSA has announced that Takata will have to pay up to $200 million in fines for its exploding airbags, including $70 million up front and an additional $130 million…
An additional 11.5 million Japanese vehicles are being recalled worldwide because they are equipped with Takata airbags, which can overinflate and explode.
NHTSA officials say they will take action in the next two weeks to speed up Takata airbag and Jeep fuel tank recalls.
Honda is significantly expanding a previous airbag recall to meet the request of the NHTSA, which wants all potentially defective Takata airbags off the road.
Dozens of injuries and two deaths occurred in Honda vehicles before the public was warned about defective Takata air bags, according to a new report.
BMW is latest automaker to recall cars with Takata air bags that could pose a danger to vehicle occupants.