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4 automakers agree to $553M settlement of Takata airbag claims

WASHINGTON (Reuters) - Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million vehicles with potentially defective Takata airbag inflators, according to court documents filed on Thursday. Toyota's share of the settlement costs is $278.5 million, followed by BMW at $131 million, Mazda at $76 million and Subaru at $68 million. According to a press release from Plaintiffs' Committee for Takata Airbag Product Liability Litigation, the funds for the settlement are aimed at getting more cars with faulty airbags fixed. At the time of writing, Toyota had the greatest recall completion percentage of 31.89 percent followed by Subaru with 31.37 percent. Mazda has completed repairs on 18.16 percent of affected cars, and BMW brings up the rear with 16.48 percent completion. Some settlement funds will go to an outreach campaign to increase awareness, while other funds will be used to reimburse people for any costs accrued to get their cars fixed. These costs can include rental cars, child care, lost wages, or any other reasonable costs associated with bringing in a vehicle for repairs. Furthermore, a customer support program will be funded with settlement money to handle any additional repairs or adjustments that could become necessary in the 75,000 miles following the airbag replacement. Lawsuits against Honda, Ford and Nissan have not been settled, lawyers said. Takata inflators, which can explode with excessive force and unleash metal shrapnel inside cars and trucks, are blamed for at least 16 deaths and more than 180 injuries worldwide. The safety defect has prompted recalls worldwide of about 100 million inflators by more than a dozen major automakers. Reporting by David Shepardson, additional details by Autoblog's Joel StocksdaleRelated Video: Government/Legal BMW Mazda Subaru Toyota

Mazda heads to Daytona with fierce-looking Mazda3 TCR race car

Hatchback lovers rejoice, Mazda has turned its stunning five-door into a race car. The Mazda3 TCR will participate in the 2020 IMSA Michelin PilotChallenge and will first debut in January 2020 during the Rolex 24 weekend in Daytona, Florida. Mazda is set to return to touring-car racing (TCR) with an adaptation of its popular compact car. The Mazda3 TCR has a lot of exterior changes that make it visually different from its road car brethren, and a whole lot more performance alterations we can’t see. A massive wing stands tall at the rear, and itÂ’s matched with a bulbous widebody kit with cooling vents behind the front and rear wheels. The new dress also has a front splitter, side skirts, and rear bumper aero. Further enhancements include a new hood, a single centered exhaust pipe, and new wheels and tires. Under the hood, the Mazda3 TCR has a turbocharged four-cylinder engine that makes 350 horsepower. It pairs with a six-speed transmission with paddle shifters. Mazda collaborated with the same company that manufacturers the Global Mazda MX-5 Cup Car, Long Road Racing, to develop the TCR. It is homologated for global racing in 36 TCR championships, and it will make its debut at the four-hour Endurance Challenge at the Daytona Rolex 24.  

2014 Mazda3 Sedan

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We're not going to beat around the bush: for the kind of person who willfully chooses to take longer, windier and more scenic routes to get to Point B, the 2014 Mazda3 is the new compact car measuring stick by which others will be judged. That doesn't, of course, make it the right choice for every buyer.
We'll spend the next thousand words or so explaining the whys and hows that make our opening statement a fact, but for now, suffice it to say that Mazda has engineered its latest crop of vehicles - namely the CX-5, Mazda6 and its smaller sibling and subject of this test, the Mazda3 - from the ground up. Absolutely everything about the Mazda3 is refined for 2014, from its chassis to its engines and everything in between, and it was done in a completely new and holistic way. Every component, subcomponent and stamping required to bolt and weld together an automobile was rethought to ensure the Mazda3 has what it takes to compete with such established benchmarks as the Honda Civic and Ford Focus.