Ford Motor Co. to Settle its Takata Airbag Case for $300 Million

Ford Motor Co. to Settle its Takata Airbag Case for $300 Million

Automaker Ford Motor Co. has agreed to a $299.1 million settlement in the multidistrict Takata airbag defects litigation. Nearly 70 million airbags from more than nearly 20 different auto manufacturers worldwide have been recalled due to dangerous flaws in vehicle airbags manufactured by Japan-based Takata Corporation. [Read more…]