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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

More 2019 Mazda MX-5 Miata 30th Anniversary editions are heading to America

The 2019 Mazda MX-5 Miata 30th Anniversary edition made its debut a few months back at this year's Chicago Auto Show. The special model was limited to just 3,000 units worldwide, with just 500 heading to the U.S. Miata enthusiasts were so excited by the car that the entire allotment sold out within four hours. To help satisfy demand for this limited edition model, Mazda is allocating another 143 cars for the American market, bringing the total number of cars heading to the U.S. to 643. Note, Mazda is still only building 3,000 cars total. The 30th Anniversary Miata is available as both a roadster and the retractable hardtop Miata RF. All of them will be painted Racing Orange and will be fitted with RAYS ZE40 17-inch forged alloy wheels, orange Brembo brake calipers and Recaro seats. The cars also come with a Bose audio system, Apple CarPlay and Android Auto. The cars still retain the 2019 Miata's updated 2.0-liter inline-four making 181 horsepower and 151 pound-feet of torque. Cars equipped with the manual transmission get a limited-slip differential, Bilstein shocks and a front shock tower brace. This special edition isn't cheap. The manual soft top starts at $35,915, and the manual RF starts at $38,515. Adding an automatic ups the price by $499 on the soft top and $400 on the RF. That's up from $27,080 for a base roadster and $32,945 for a base Miata RF.

2014 Mazda Skyactiv Prototype looks ready for Daytona

With less than two weeks before the Mazda Skyactiv Prototype makes its race debut at the 2014 Rolex 24 at Daytona, the Japanese Zoom-Zoom brand brought its diesel-powered racer to the floor of the 2014 Detroit Auto Show.
The red prototype marks Mazda's return to prototype racing, and will campaign the inaugural Tudor United SportsCar Championship using a 2.2-liter, SkyActiv-D diesel engine. With 451 horsepower on tap and 580 pound-feet of torque, the racer should stand up well against a field of gas-powered competitors.
Should the Skyactiv win Daytona, it'll be a coup for Mazda. The racer is running an engine with over 50 percent of its parts drawn from the oft-delayed production Skyactiv-D. Head up top for our full gallery of images of the new Skyactiv Prototype. The 2014 Rolex 24 will be run from January 25 to 26.