Honda to Pay $605 Million to Settle Takata Air Bag Lawsuit
Honda Motor Co. said Friday it has agreed to pay $605 million to settle a lawsuit filed by U.S. vehicle owners seeking compensation for economic losses related to recalls of Takata Corp. air bags. With the settlement by Honda, the Japanese automaker which had sold the most vehicles carrying Takata air bags, six automakers from Japan and Germany will pay a total of more than $1.2 …