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Ford Agrees to $299.1 Million U.S. Takata Air Bag Settlement

  • Category news
  • Definition HD
  • Resolution 1280 x 720
  • Duration 00:00:36
  • Year 2018
  • Language English

Ford Agrees to $299.1 Million U.S. Takata Air Bag Settlement

On Monday Reuters reported that Ford has agreed to a so-called economic loss settlement of $299.1 million, covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators. The settlement covers several forms of economic damages, including claims that vehicles were inaccurately represented to be safe. At least 23 deaths worldwide are linked to the rupturing of faulty Takata air bag inflators, an issue that sparked the largest auto industry safety recall in history.

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