Automakers to pay up to $130M for Takata airbag injury compensation
Thirteen automakers will contribute as much as $130 million to compensate those injured by faulty airbag inflators in a deal to resolve Takata's bankruptcy.
WILMINGTON, Del. — A group of 13 automakers will contribute as much as $130 million to compensate those injured by faulty Takata airbag inflators as part of a deal to resolve the Japanese company's bankruptcy, a U.S. plaintiffs' attorney told Reuters.The agreement clears the way for the sale of Takata's non-inflator business to Key Safety Systems, a unit of China's Ningo Joyson Electric Corp, f...
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