$42M Class Settlement By Volkswagen, Audi In Takata MDL Preliminarily Approved

Mealey's (November 17, 2021, 2:51 PM EST) -- MIAMI — A federal judge in Florida on Nov. 10 granted preliminary approval of a $42 million settlement, less a 20% credit for a rental car/loaner program, to be paid by Volkswagen Group of America Inc. and Audi of America LLC (together, Volkswagen) in multidistrict litigation alleging that Takata airbags contain a dangerous compound that can cause the airbags to explode during a collision and injure drivers and passengers....