Owners of Toyota, Subaru, Mazda, and BMW vehicles affected by the massive shrapnel-shooting Takata airbag defect could soon receive compensation for past repairs and other economic losses, as the automakers agreed today to pay $553 million to compensate owners and create programs intended to repair defective airbags more quickly. [More]
Defective airbags
Regulators Investigating Honda Over Inaccuracies In Reporting Injury And Death Claims
Less than two weeks after Honda announced it would begin a third-party audit of potential inaccuracies in providing valuable information regarding death and injury claims to U.S. regulators, the National Highway Traffic Safety Administration has opened its own investigation into the car company’s reporting procedures. [More]