Wednesday, 09 August 2017 23:13

Nissan Agrees to $98 Million Settlement on Takata

Nissan Motor Co. agreed to a $97.7 million settlement to resolve class-action consumer economic loss claims in the United States tied to the recall of 4.4 million vehicles with Takata airbag inflators, court records show.

The settlement is similar to others reached with major automakers. In June, a federal judge in Miami granted preliminary approval to settlements with Toyota Motor Corp., Subaru Corp., BMW AG and Mazda Motor Corp., totaling $553 million and affecting 15.8 million vehicles with Takata inflators.

In other Nissan news, workers at Nissan’s Canton, MS, assembly plant have rejected unionization.

By a margin of 2,244 to 1,307, workers voted against UAW representation, giving the union yet another blow in its decades-long quest to organize foreign automakers’ assembly plants in the South.

Read 746 times