I have a question regarding the Takata bankruptcy and class action settlement.
Answer
In October 2017, TK Holdings, Inc. (“TKH”), the largest U.S. subsidiary of Takata Corporation, and certain of TKH’s affiliates sent required legal notices to the past and current owners of all vehicles containing certain types of Takata airbag inflators to notify them of their rights in bankruptcy proceedings. Honda/Acura does not anticipate that the bankruptcy will have any negative effect on our ability to repair vehicles included in the airbag inflator recalls. For more information about the Takata bankruptcy, please visit http://TKRestructuring.com/PPIC.
Separately, a court has approved the settlement of a class action lawsuit over certain 2001-2017 Honda and Acura vehicles equipped with Takata frontal airbag inflators. On November 20, 2017, the settlement administrator began sending notices to registered owners of these vehicles, past and present, to inform them of the terms of the settlement. For more detailed information about the settlement, please visit https://autoairbagsettlement.com or call 1-888-735-5596.
