Toyota, 3 other automakers settle suit over Takata air bags for $553 million

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Toyota, Subaru, Mazda and BMW have reached a proposed settlement that would compensate owners of 15.8 million vehicles for money they lost due to the massive recall of Takata air bags.

In documents filed Thursday with a federal court in Miami, the automakers agreed to pay $553 million to compensate…

fromhttp://www.baltimoresun.com/business/ct-automakers-settle-suit-takata-air-bags-20170518-story.html

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