If you own a BMW vehicle, you may have heard about the Takata airbag recall. After several years of litigation, BMW has agreed to pay a settlement to those affected by the faulty airbag inflators. This article will explain what the settlement involves and what you need to do if you own a BMW with a Takata airbag.
The Takata Airbag Recall
In 2013, the National Highway Traffic Safety Administration (NHTSA) began investigating Takata airbags after reports of injuries and deaths caused by the devices. In certain conditions, the airbags could deploy with too much force, sending shrapnel flying into the cabin of the vehicle. The NHTSA ordered the recall of millions of vehicles equipped with Takata airbags.
BMW and the Takata Airbag Recall
BMW was one of the automakers affected by the Takata airbag recall. The company recalled over 1.4 million vehicles in the United States alone. The affected models included 3 Series, 5 Series, X5, and X3 vehicles manufactured between 2000 and 2013.
The BMW Takata Airbag Settlement
After years of litigation, BMW has agreed to pay a settlement to those affected by the Takata airbag recall. The settlement includes the following:
- Reimbursement for out-of-pocket expenses related to the recall
- A rental car or loaner vehicle while the vehicle is being repaired
- A free loaner vehicle for up to one year if parts are not available for the repair
- Compensation for lost wages and other economic damages
- Compensation for pain and suffering
- Reimbursement for the purchase of a new vehicle if the owner was unable to sell their vehicle due to the recall
What You Need to Do
If you own a BMW with a Takata airbag, you may be eligible for compensation under the settlement. You should receive a notice in the mail with instructions on how to file a claim. If you do not receive a notice, you can contact your local BMW dealer or visit the BMW Takata Airbag Settlement website.
It is important to note that the deadline to file a claim is October 2, 2020. If you do not file a claim by this date, you may not be eligible for compensation.
If you own a BMW with a Takata airbag, it is important to take action to ensure your safety and eligibility for compensation under the settlement. Contact your local BMW dealer or visit the BMW Takata Airbag Settlement website for more information.
Leave a Reply