Nissan to Pay $98 Million Air Bag Malfunction Settlement
- Agreement follows $533 million pact with 4 other automakers
- Consumers sought expenses tied to Takata air bag recalls
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Nissan Motor Co. and its U.S. unit will pay almost $98 million to settle economic-loss claims tied to Takata Corp. air bag recalls.
The agreement, filed in court Tuesday, will provide for an accelerated replacement of recalled air bags and reimbursement for out-of-pocket costs.