Tuesday, April 23, 2024

Honda sets aside $605 million to settle Takata airbag claims

Share

The Takata airbag scandal affected several companies, but Honda felt its impact the most. Now, the Japanese automaker has agreed to a $605 million settlement to pay for buyers claims related to the deadly airbags in the US. The money Honda set aside will go towards paying for all the out-of-pocket costs and lost wages customers might have incurred from having to get their Takata airbag-equipped cars repaired. According to Financial Times, part of that amount will also be used to crea….
Read more

Read more

More News