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4 car companies settle Takata air bag lawsuit for $553 million

from NPR

Plaintiffs in a class-action lawsuit over defective Takata airbag inflators have reached a settlement with Toyota, Subaru, Mazda and BMW that's worth $553 million. The plaintiffs filed papers to settle their claims against the companies Thursday, saying the deal covers nearly 16 million vehicles. The settlement does not cover claims of personal injury or property damage, the plaintiffs, say. The deal is now in the hands of a federal court in Miami. more


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