In Re: Takata Airbag Products Liability Litigation (Economic Loss Track Cases)

The settlement was implemented on December 7, 2023.

AUTHORIZED BY THE U.S. DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA

• There is a finally approved settlement in a class action lawsuit against Takata Corporation ("Takata"), its affiliates, and those automotive companies to whom Takata supplied certain airbag products. The settlement resolves certain claims against BMW entities, including, but not limited to, BMW of North America, LLC and BMW Manufacturing Co., LLC (collectively, “BMW”) that were based on the inclusion of those Takata airbag products in certain BMW vehicles. Those people included in the settlement have legal rights, options and deadlines by which they must exercise them.
  

• You are included if you purchased certain BMW vehicles (which are listed in Question 3 below) and currently engage, or at the time of said purchase, were engaged, in the business of automotive salvage and/or recycling, and/or that recycled, re-furbished, and/or removed for sale and/or re-sale, second-hand Takata Inflators and/or Takata Inflator-related component parts.
• The finally approved settlement provides for an Inflator Recovery Program.
  
  
  Please read this website carefully. Your legal rights are affected, whether you act or do not act. You are encouraged to periodically check the website, because it will be updated with additional information.