Tag: Airbag

• Tuesday, July 17th 2018 - 15:22 UTC

  Ford agrees settlement covering faulty Takata airbags in 6 million cars

  

  Ford Motor Co agreed to a so-called economic loss settlement of US$ 299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show.

• Friday, February 23rd 2018 - 09:00 UTC

  Takata faulty airbag manufacturer reaches settlement in US

  

  The US arm of Japanese manufacturer Takata has reached a settlement with 44 US state attorneys-general into claims it concealed dangerous defects in its exploding airbags. The faulty airbags have been linked to at least a dozen deaths and more than 100 injuries worldwide. The settlement includes a civil penalty of about US$650m.