by Drew Johnson
Ford settles Takata class-action suit for $299M

Ford’s settlement follows in the footsteps of numerous other automakers.

Ford has agreed to spend $299 million to settle a course-motion lawsuit filed in opposition to the business for its use of faulty Takata airbags. The settlement was submitted yesterday in a federal court docket in Miami.

The dollars will be doled out to the house owners of about 3.8 million Ford motor vehicles outfitted with defective Takata airbags. The faulty airbags, which can propel metal shrapnel at occupants, have been joined to much more than 180 injuries and at minimum 13 deaths in the United States.

Ford is just the hottest automaker to settle a lawsuit involving the Takata airbags. Very last calendar year Toyota, BMW, Mazda, Subaru and Nissan all settled separate agreements similar to the lethal airbags. People payouts ranged from $278.5 million to $68 million, in accordance to The Detroit News.

In accordance to Ford, just 938,000 out of the 3.8 million motor vehicles geared up with the recalled Takata airbags have been fastened. Ford is urging entrepreneurs with an outstanding airbag recall to get the problem resolved as promptly as probable.

“Safety is our priority,” Ford explained in a assertion. “We stay focused on doing the job with our shoppers to get their autos fixed.”