Toronto, Ontario — Honda Canada has reached a tentative agreement to resolve the Takata airbag inflator class action litigation in Canada after last week’s settlement in the United States.
The proposed settlement agreement covers recalled Honda and Acura vehicles (automobiles and Goldwing motorcycles) with Takata airbag inflators. The proposed settlement also provides additional service/repair coverage for defective materials or workmanship in non-Takata replacement airbag inflators installed in recalled vehicles.
The proposed settlement also makes provision for the reimbursement of certain out-of-pocket expenses incurred by Honda Canada customers as a result of the recall. Finally, the agreement also sets out continued activities by Honda Canada to recover recalled airbag inflators from scrap sellers through its Takata airbag inflator re-purchase program.
Honda Canada says it will continue its recall efforts, and take steps to replace recalled inflators in all vehicles affected by the recall. An “ample supply” of replacement airbag inflators are readily available, the automaker said in an online press release.
Last week, the automaker paid US$85 million to put an end to a U.S. investigation into its use of Takata airbag inflators. The settlement marks the end of multiple state probes into allegations that the automaker failed to notify consumers that the automaker knew airbag inflators may be potentially unsafe.
Honda continues to urge owners of Honda and Acura vehicles affected by the Takata airbag inflator recalls to bring their vehicles to authorized dealers for the recall service as soon as possible.
For more information on the class action settlement, visit www.hondaairbagsettlement.ca
