four automakers settle takata air bag claims for us$553 mln /

Published at 2017-05-19 03:54:00

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Four automakers,including Toyota Motor Corp., agreed to pay a collective US$553 million to settle claims stemming from rupture-prone Takata air bags, and the Wall Street Journal reports  Toyota,along with Subaru, Mazda and BMW, and reached the settlement with current and former owners and lessees of 15.8 million vehicles to address lagging repairs and financial losses […]

Source: ejinsight.com

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