UPDATE 4: On April 7, 2020, Top Class Actions viewers started receiving checks in the mail from the Takata airbags class action settlement worth as much as $400. Congratulations to everyone who filed a claim and got PAID! Settlement Website
Full Answer
What are the Takata airbag class action settlements?
These air bag class action settlements will resolve allegations the car companies manufactured, distributed or sold vehicles that contain Takata air bags with allegedly defective deflators that, when deployed, could cause the airbag to rupture and expel debris or shrapnel into the vehicle.
Why did Honda pay $85 million to settle Takata case?
Honda Motor HMC has agreed to pay $85 million to settle a probe over defective Takata airbag inflators in some of its vehicles. The settlement concludes an investigation into the Japan-based automaker’s alleged failure to inform regulators and customers about the risk of explosion of the frontal airbag systems installed in some of its cars.
What is the settlement amount for the Mazda lawsuit?
A $75.8 million settlement has been proposed with Mazda Motor Corporation and Mazda Motor of America, Inc., dba Mazda North American Operations (collectively, “Mazda”).
What is the Takata case all about?
The plaintiffs allege they sustained economic losses as a result of the defective Takata air bags. Takata has reportedly reached a settlement with the U.S. Department of Justice that would require the air bag maker to pay up to $1 billion in penalties over allegations of criminal wrongdoing.
How much is the Takata airbag settlement per person?
After the Final Registration/Claim Deadline, if enough money remains in the Settlement Fund and it is administratively feasible, the remaining money will be paid to all Class Members who registered/submitted a claim for a Settlement Payment on a per capita basis, up to a maximum of $250 per Class Member.
How much will I get from the Takata airbag settlement Australia?
$52 millionOn 29 June 2022, the Supreme Court of NSW Approved the settlement arrangements. The total approved settlement sum is $52 million. Once the Administrator has reviewed all claims, eligible group members will receive compensation.
Is the auto airbag settlement check legit?
It's not a scam. You got this notice because you may be able to claim money as part of a recent class action settlement. You're not alone. Thousands are starting to receive these notices – including a couple of us here at ClassAction.org.
How much are the Toyota settlement checks?
U.S. Judge James Selna is weighing final approval of a $1.1 billion settlement in Santa Ana, Calif., Bloomberg News reports. He has already approved a preliminary agreement. Of that, the agreement includes $757 million in cash and $875 million in "non-monetary benefits" for owners or former owners of Toyota vehicles.
How much is the airbag settlement?
Four of the world's largest automakers have agreed to settle economic damage claims caused by exploding Takata airbags and their subsequent recall.
Is the Takata airbag class action Real?
Supreme Court dismisses class action against Volkswagen over Takata airbags. The Supreme Court of NSW has dismissed a civil class action against Volkswagen over potentially faulty Takata airbags, setting a precedent for cars fixed during recalls.
Is the auto airbag settlement taxable?
It will come as no great surprise that the answer is almost universally yes. Settlement money counts as income, and the amount, including any interest on the award, must be declared accordingly.
How many cars are affected by the Takata airbag recall?
100 million vehiclesThe Takata airbag recall is the world's largest automotive recall, affecting an estimated 100 million vehicles globally.
How many injuries do Takata airbags have?
NHTSA has confirmed that 19 people in the United States have been killed when their defective Takata PSAN air bag inflators exploded. In addition, at least 400 people in the United States have allegedly been injured by exploding Takata air bag inflators.
How much is the Toyota class action?
More than 260,000 Toyota drivers are being asked to sign up from Monday to a potential $2 billion lawsuit against the manufacturer. It follows a Federal Court ruling in April that certain versions of the Toyota HiLux, Prado and Fortuner had defective diesel particulate filters.
How many times has Toyota been sued?
Since the Toyota recalls, nearly 200 class action lawsuits have been filed in both state and federal courts.
What is Toyota being sued for?
In April, the Federal Court found that Toyota Hilux, Prado, and Fortuner diesel vehicles sold from October 1, 2015 to April 23, 2020, had a defect, and that the car giant had engaged in misleading or deceptive conduct while marketing and selling the cars.
How much money did Takata lose?
Takata has lost almost all of its market value from its 2007 peak of 400 billion yen ($3.6 billion).
Is there a class action against Toyota?
Toyota has appealed against a class action ruling which could see more than 260,000 car owners receive damages of about $2bn, but concerns remain about the environmental impact of the faulty diesel particulate filters that caused the problems with some of Australia's most popular vehicles.
Are my airbags Safe Australia?
Check if your vehicle's airbag is recalled You can check if your airbag is on the recall list by searching your vehicle model using one of the following options: Contact your vehicle manufacturer or visit their website. Product Safety Australia website. Is my airbag safe website.
What's wrong with Takata airbags?
Tens of millions of vehicles with Takata air bags are under recall. Long-term exposure to high heat and humidity can cause these air bags to explode when deployed. Such explosions have caused injuries and deaths.
Subaru, Toyota, Mazda Class Action Lawsuit Over Recalled Defective Takata Airbags
Several class actions were filed against the Canadian outfits of Subaru, Toyota, and Mazda for allegedly manufacturing and selling vehicles with defective Takata airbags.
Vehicles Included In the Class Action Lawsuit Settlement Agreement
The vehicles that are included in the class-action lawsuit and that are eligible for inclusion in the settlement claim are as follows:
Settlement Details Of The Subaru, Toyota, And Mazda Settle Canadian Class Action Lawsuit
The automakers deny any wrongdoing and any of the claims brought against them.
Am I eligible to receive a Takata settlement check?
In February, airbag manufacturer Takata Corp. agreed to pay $650 million to settle consumer protection claims brought by 44 states and Washington, D.C. Embroiled Takata is expected to pay just a fraction of this amount because the company has serious financial issues following the massive recall and has filed for bankruptcy.
The Takata Airbag Disaster
Takata, once a major auto parts manufacturer, is now a company in ruin due to its production of dangerously faulty airbags. Takata airbag inflators have been found to explode under certain conditions, including high heat and humidity. When they explode, the airbag ejects shrapnel at high rates of speed.
What is a Mazda rental car?
Rental car, or other alternate transportation expenses, necessarily incurred and directly associated with the drop off and/or pickup of your Subject Vehicle to/from a Mazda Dealer for performance of the Recall Remedy incurred prior to November 1, 2019 and after the Takata Airbag Inflator Recalls date (s). 2.
Does Mazda have a basis for liability?
Mazda denies that it committed any violations of law, engaged in any unlawful act or conduct, or that there is any basis for liability for any of these allegations. The Courts did not decide which side was right and the defendants deny the allegations. Instead, the parties agreed to settle.
Who makes Takata airbags?
For those who haven’t heard, Takata Corporation is a Japanese auto parts company that manufactured airbags that were the subject of several lawsuits against automakers including Mazda, BMW and more. The lawsuits claim that the Takata-brand airbags are defective and can potentially explode on impact – and that the car companies should be held liable for selling vehicles in which these airbags were installed.
How to check if your car was included in a settlement?
You could check your Vehicle Identification Number to see if your car was included in the settlement, go to the individual page for your automaker, or jump right in and start filling out a claim form. If you don’t have all the information to fill out the form immediately, don’t worry.
What Can I Expect from the Settlement?
Great question! But unfortunately, it doesn’t have a simple answer that will apply to everyone across the board.
How much did BMW pay for class action lawsuit?
While some companies are still fighting the claims, four automakers– BMW, Mazda, Subaru and Toyota – have agreed to pay a total of $553 million to settle the class actions against them. Now, anyone with the affected vehicles may be eligible to claim compensation. Hence, your class action settlement notice. (The latest settlement covers these four ...
Can you claim money from class action lawsuits?
In short, no. The notices that some of you may have received are simply to make you aware that class actions have been settled and that it may be time for you to claim some money. Here’s what the settlement site says about the state of the recalls:
Does a settlement notice mean a recall?
Your receipt of a Settlement Notice does not mean your vehicle is subject to a recall. Please refer to the National Highway Traffic Safety Administration’s website, www.safercar.gov, for the latest information about Takata recalls and to determine if your vehicle is subject to a recall.”.
How much did Honda pay for Takata airbags?
Honda to Pay $85M Settlement Over Takata Airbag Scandal. Honda Motor HMC has agreed to pay $85 million to settle a probe over defective Takata airbag inflators in some of its vehicles.
How many people have died from Takata airbags?
At least 25 people have been killed worldwide by injuries inflicted by the defective Takata airbag inflators. Notably, Honda has recalled nearly 13 million Honda and Acura vehicles equipped with defective inflators.
Does Honda replace airbags?
The latest settlement will ensure that Honda implements new safety protocols to protect passengers and drivers. The company will not only replace all the remaining defective airbags but also upgrade airbag safety procedures to minimize the risk of rupture.