Honda Motor Corp. has agreed to pay $500 each to up to 16.5 million owners of Honda and Acura vehicles that were equipped with defective Takata airbags, per the terms of a new $605 million class action settlement.
Owners of about 4.4 million Nissan vehicles with potentially defective Takata airbags are eligible to receive free rental car use, extended warranties, and up to $500 in compensation under the terms of a new consumer settlement.
FAW Group Corporation, a partner of Japan's Mazda Motor Corp., has issued a recall for more than 680,000 Mazda vehicles over problems linked to airbags supplied the Takata Corp.
Fiat Chrysler Automobiles NV has issued a recall for 297,000 Dodge Grand Caravan minivans from model year 2011-2012 over a wiring problem that can lead to accidental airbag deployments.
Toyota Motor Co. announced Thursday that it is recalling 2.9 million Corolla Axio sedans and RAV4 SUV crossovers in Japan, China, Oceania and other regions over potentially defective Takata airbag inflators.
A new lawsuit alleges that five leading auto manufacturers were aware of defects that caused Takata airbags to explode and kill motorists, but continued to use them so they could save money.
Takata Corp. of Japan will pay $1 billion and plead guilty to a criminal charge for hiding a dangerous defect that can cause airbag inflators to explode.