WASHINGTON: Japanese carmaker Honda reached a $605 million settlement in a lawsuit over defective airbags in millions of cars on American roads, the legal team for the victims said on Friday.
Honda joins other cars in agreeing a deal to settle a lawsuit, replace the defective airbags from now-bankrupt Takata, and to compensate car owners.
The latest agreement was filed in the US District Court in Miami.
Peter Prieto, one of the lawyers leading the team going after Takata, said the deal, which still has to be approved by the court, will “improve driver safety by accelerating the removal of defective airbags from our roads.”
It also will pay owners up to $500 plus expenses, including rental cars while their vehicles are repaired.— AFP
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