Honda sets aside $605 million to settle Takata airbag claims

Honda sets aside $605 million to settle Takata airbag claims

If the court approves the amount Honda is offering to pay, it’ll be the biggest among all Takata-related settlements. Toyota, Subaru, Mazda and Subaru agreed to settle for a total of $553 earlier this year, while Nissan settled a class-action lawsuit for $97.7 million. It only makes sense, though, since Honda is Takata’s biggest customer: …