AP, DETROIT, MichiganHonda Motor Co and some of the people suing the company over faulty Takata Corp air bag inflators have agreed to a US$605 million settlement. The settlement, which must still be approved by a federal judge, covers owners of 16.5 million Honda and Acura vehicles that used the inflators dating back to 2001. Under the deal, Honda gets credit for spending US$121 million on rental cars for customers who had to wait for parts. At least 19 people have been killed worldwide due to the problem, which touched off the largest auto recall in US history, involving up to 69 million inflators. The plaintiffs’ lawyers have already settled with Toyota Motor Corp, BMW AG, Mazda Motor Corp, Subaru Corp and Nissan Motor Co and are pursuing claims against other automakers.

Source: Taipei Times September 02, 2017 15:56 UTC