Own a Nissan? You May Be Entitled to $500, Rental Cars in Takata Airbag Settlement

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Nissan has agreed to a $98 million lawsuit settlement to cover economic losses which class members incurred as a result of Takata’s faulty airbag inflators, which have been found to explode with too much force during a crash, ejecting metal shrapnel into the cabin at high speed.

At least 16 deaths and nearly 200 injuries worldwide have been linked to Takata airbag inflators, according to the National Highway Traffic Safety Administration (NHTSA). To date, only about 40% of the defective airbag inflators have been replaced, the agency said.

Victims of the defect will receive compensation through a different fund, according to Nissan. The deal follows similar agreements between vehicle owners and other automakers including Toyota, BMW, Mazda and Subaru.

As part of the settlement, Nissan does not take fault for any malfunctions involving Takata air bag inflators.

A total of 6 Nissan vehicles from model years 2001-2012 are affected by the recall. Click here to see if yours is one of them.

Source: FOX 4 NOW