Home » Tech

Toyota, 3 other automakers settle suit over Takata air bags

19 May, 2017, 08:44 | Author: Nadine Todd
  • Toyota, 3 other automakers settle suit over Takata air bags

Four carmakers, including Toyota and BMW, have agreed to pay $553m (£425m) to settle class-action lawsuits covering owners of recalled vehicles, fitted with potentially faulty Takata airbags.

Takata air bags have been linked to 11 deaths and some 180 injuries in the United States. Under the terms of the settlements, BMW of North America LLC will pay $131 million, Subaru of America Inc. will pay $68,262,257 and Mazda North American Operations agreed to pay $75,805,050.

The automakers said the settlements, which are subject to approval by a Florida judge, will be overseen by a court-appointed administrator.

Four automakers including Toyota and BMW agreed yesterday to pay US$553 million (RM2.39 billion) to settle a USA lawsuit over the defective Takata airbags blamed for 11 deaths in the United States alone. Additionally, compensation will be provided to class members who suffered economic losses as a result from the Takata airbag recall, such as vehicle rentals. Owners getting a recall can be reimbursed for lost wages, transportation and child care costs.

The settlement includes a new independent outreach program that seeks to dramatically increase recall remedy completion rates and will regularly contact owners.

Automakers would be required to provide free rental cars to owners of the highest-risk cars.

Almost 100 million cars, including about 70 million in the United States, were subject to the airbag recall, the largest in auto history. US safety regulators have determined that older cars are at the highest risk, since a chemical Takata used in its air bags can break down over time when it's exposed to humidity. So far the air bags have been replaced in fewer than a third of the affected Toyota and Subaru vehicles and fewer than a fifth of those from BMW and Mazda.

Nissan, Honda and Ford are also part of the ongoing federal court case, but plaintiffs' attorney Peter Prieto wouldn't say Thursday whether he is talking to those companies about similar settlements. The company has agreed to pay $1 billion in penalties for concealing defects with its air bags.

Recommended:

  • Canada warns it may cancel US jet buy over Bombardier probe

    Canada warns it may cancel US jet buy over Bombardier probe

    Boeing had offered Delta the 737 Max 7, a re-engined derivate of the 737-700 that competes directly with the C Series. The Trade Commission's preliminary findings are expected to be released by 12 June, says the Commerce Department.
    Pandemonium in Times Square as car plows into pedestrians

    Pandemonium in Times Square as car plows into pedestrians

    The auto leaned on a lamppost and steel barriers meant to block vehicles from getting onto the sidewalk. Witnesses said the vehicle was speeding - one said up to 80 miles per hour - at the time of the crash.
    Warriors become just the 5th team to start NBA playoffs 10-0

    Warriors become just the 5th team to start NBA playoffs 10-0

    Golden State reserve guard Patrick McCaw added 18 points on 6-of-8 shooting with three 3-pointers, Kevin Durant scored 16 points. Without MVP candidate Kawhi Leonard, the Spurs are in danger of becoming the next victim of the Golden State Warriors .
  • Students boo DeVos as she delivers commencement speech at historically black college

    Students boo DeVos as she delivers commencement speech at historically black college

    Jackson said , as reported by the Huffington Post . " If this behavior continues, your degrees will be mailed to you ", he said. It comes as little surprise that DeVos, the most controversial Secretary of Education in recent memory, was met with jeers.
    At Least 1 Dead After Car Crashes Into Pedestrians In Times Square

    At Least 1 Dead After Car Crashes Into Pedestrians In Times Square

    Rojas had been arrested at least twice previously for driving while intoxicated, once in 2008 and once in 2015, police said. Police said the 26-year-old driver, Richard Rojas , was taken into custody and was being given a breathalyzer test.

    Britain's Labour launches 'radical, responsible' election manifesto

    McCluskey told the BBC on Wednesday that he had changed his mind about Labour's prospects after seeing the party's manifesto. We are getting constant feedback from our members and there's been an incredible response, a very positive response.
  • USA adds sanctions on North Korea

    Around the time that Kim Dong-chul's detention was revealed, Otto Warmbier was also arrested by North Korean authorities. In the past, North Korea has detained USA citizens to use as bargaining chips in negotiations with the US government.

    Polls open in first Iran presidential vote since atomic deal

    He is believed to favor Rouhani's main challenger, the hard-line candidate Ebrahim Raisi. "Look at the regional countries". HASSAN ROUHANI , President of Iran (through interpreter): Have them tell you what they have done for the past 38 years.
    FCC vote kicks off a battle over regulation of the internet

    FCC vote kicks off a battle over regulation of the internet

    In those same remarks, however, Pai made it clear what he thought of the FCC's adoption of Net Neutrality regulations in 2015. The commission will vote today to accept a proposal by Chairman Ajit Pai entitled "Restoring Internet Freedom".
  • USC flexes brand muscles with L.A. Coliseum naming rights deal

    USC flexes brand muscles with L.A. Coliseum naming rights deal

    The deal is expected to be for more than $70 million and 15 years, though exact details of the agreement have yet to be released. United CEO Oscar Munoz is a USC graduate, Sports Business Daily notes.

    Representative: Rocker Chris Cornell has died at age 52

    Authorities say Cornell hanged himself in a Detroit hotel room Wednesday following a Soundgarden concert. A sad loss of a great talent to the world, his friends and family.
    Warriors trounce Spurs, take 2-0 series lead

    Warriors trounce Spurs, take 2-0 series lead

    Golden State's 23 first-half assists were its most ever in a playoff half, topping 22 against Phoenix on May 4, 1994. Klay Thompson , still struggling to find his steady shooting touch, had 11 points, six rebounds and four assists.


Popular

New sanctions on Venezuela officials upcoming
In February , the United States blacklisted Venezuelan Vice President Tareck El Aissami for alleged links to drug trafficking. The new sanctions come as Maduro is facing increasing pressure at home and overseas to hold elections.

DeMar DeRozan says Raptors would have won if they had LeBron James
When James hit a step-back three-pointer to make it 106-95 with less than three minutes to go, the would-be comeback was dead. Through three weeks, the Cavs are an impressive +10 per game, which towers over the team trailing them - San Antonio at +6.6.

Gothenburg vs AIK postponed after match fixing attempt
The two teams, along with the Swedish football association, are expected to agree on a new date for the match. Hakan Sjostrand, the general secretary of the SVFF, added: "It's not just about a single match".

Bankrate: Mortgage Rates Slide to 5-Month Low
Mortgage interest rates have been moving in a narrow field since their initial spike following the presidential election. David Kuiper, vice president of Northpointe Bank in Holland, Mich., is one who predicts home loan rates will head lower.

Chinese fighter flies inverted over US Air Force jet
Air Force reconnaissance plane flying in worldwide airspace above the Yellow Sea on Wednesday, according to a U.S. official. In February, a Chinese KJ-200 aircraft came within 1,000 feet of a US Navy P-3 Orion aircraft over the China Sea.