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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

2022 Subaru BRZ to debut Nov. 18

The 2022 Subaru BRZ will be officially revealed to the world in production form on Nov. 18, the Japanese automaker announced Wednesday. Like most of 2020's big reveals, the 2022 BRZ will be shown online. We've known for some time that the next-generation BRZ's debut was imminent. After all, disguised prototypes have been testing on public roads in southeast Michigan, and one such prototype was also shown (still camouflaged) to attendees of a charity preview event last month, from which a few images leaked.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. To put it bluntly, we really don't know much else about the forthcoming Subaru BRZ (or its Toyota twin, the 86). In fact, Toyota has been even more tight-lipped than Subaru in this regard. What little we've heard suggests that most of the platform enhancements will come from Toyota's side of the twins' joint development program, while the powertrain will again be sourced from Subaru. This runs counter some rumors we've heard that longitudinal engines from Toyota's portfolio, which includes turbocharged four-cylinders, could potentially make their way under the hood.  An evolutionary engine offering makes more sense than any sort of revolutionary leap forward, as Toyota now has a four-cylinder Supra model in its lineup. This effectively acts as a ceiling for the 86's performance. Subaru has its WRX and STI models to consider too, but that's a fundamentally different conflict of priorities, as the Supra is far more similar to the 86 than the BRZ is to either of its performance-oriented showroom siblings.  Encouragingly, the prototype we saw on public roads was being benchmarked against a turbocharged Ford Mustang. While it would be tempting to jump to the conclusion that Subaru is targeting the Mustang for power output, it's far more likely that the comparison is more holistic, rather than focused on powertrain performance alone. The lighter Subaru and Toyota coupes won't need quite as much power to keep up with the larger, heavier pony car, so expecting the twins to compete with the EcoBoost Mustang's 300-ish horsepower is grounded more in wishful thinking than reality.  Fortunately, we only have a couple of weeks left until we find out for certain. Stay tuned! Related Video:

Ford reveals the Mustang Cobra Jet, we drive the Chevy Silverado | Autoblog Podcast #550

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor Jeremy Korzeniewski and Associate Editor Joel Stocksdale. We discuss the just revealed 2018 Ford Mustang Cobra Jet drag car, along with our driving impressions of the 2019 Chevy Silverado and the 2018 Subaru BRZ tS. We also have a long discussion about the Jeep Wrangler Scrambler, Ford Ranger and small trucks in general.Autoblog Podcast #550 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown 2018 Ford Mustang Cobra Jet reveal 2019 Chevy Silverado first drive 2018 Subaru BRZ tS drive impressions Jeep Wrangler Scrambler off-road spy shots 2019 Ford Ranger configurations and small truck discussion Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Podcasts Chevrolet Ford Jeep Subaru jeep wrangler pickup jeep scrambler subaru brz ts jeep wrangler scrambler