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Honda Owners to Get up to $500, Rental Cars in Takata Air Bag Settlement

Submitted by jhartgen@abi.org on

Owners of about 16.5 million Honda and Acura vehicles with potentially defective Takata air bags are eligible for financial aid in getting their cars fixed and up to $500 in compensation under the terms of a new consumer settlement, <em>USA Today</em> reported on Friday. Japanese automaker Honda agreed to a $605 million class-action settlement covering economic losses suffered by the U.S. owners of vehicles fitted with Takata air bags. Victims of the defect will receive compensation from a separate fund. The deal comes after similar agreements between Takata air bag vehicle owners and Nissan, Toyota, BMW, Mazda and Subaru.