Leading car brands like Mazda, BMW, Toyota, and Subaru have agreed to settle for an economic class action lawsuits that are related to the Takata airbag defect. This settlement will resolve all the allegations that these companies manufactured and distributed that contain airbags with defective deflators.
When these defective deflators are deployed, it can cause the airbag to rupture and get the debris into the vehicle. Along with this, the Plaintiffs say that they have also sustained various economic losses as a result of the Takata airbags.
Now, Takata has reported reaching a settlement that requires the airbag manufacturer to pay $1 billion for the penalties of wrongdoing. The car companies have also recalled millions of vehicles that contain the defective airbags, and these airbags have the blame of 10 deaths and 100 injuries worldwide.
Furthermore, the defendants deny the wrongdoing but have also agreed to settle for the Takata class action lawsuits to avoid the risk and burden of the litigation.
However, if you would like to opt out of Mazda, BMW, Toyota and Subaru settlement, you must do it no later than Sept 25, 2017.
Are You Eligible For The Claim?
You are eligible if you are the class member who includes anyone who has leased or owned any of the subject vehicles between April 11, 2013, and June 9, 2017. However, to check the eligibility of your vehicle, check your VIN here.
This settlement does not involve any claims for property damage or injury other than the subject vehicles.
This Takata airbag settlement offers several benefits to class members that include-
- Rental car and loan program.
- An outreach program.
- Customer support program.
- Extra expenses for the claims
- Residual distribution.
More details on the benefits are available on the settlement website.
What Is The Proof Of Purchase?
To show your eligibility for claims, you must bring the vehicles to a dealership for Takata Airbag Recall remedy, unless they have returned or sold the subject vehicle between April 11, 2013, and June 9, 2017.
Class members must either file a claim for the reimbursement for the airbag-related expenses or file a claim residual for up to $250.
Auto Airbag Settlement
Settlement Notice Administrator
P.O. Box 3207
Portland, OR 97208-3207