Economy4 hours ago (Oct 21, 2020 11:55AM ET)
© Reuters. FILE PHOTO: The Honda logo displayed at the 89th Geneva International Motor Show in Geneva
(Reuters) – Arizona reached a $5 million settlement with Honda Motor Co’s U.S. units Wednesday in a probe into defective Takata air bag systems, state Attorney General Mark Brnovich said.
The settlement follows an $85 million settlement announced in August with nearly all other U.S. states. Arizona said the Honda settlement includes $1.65 million in restitution for state consumers, a $2.13 million repair incentive program, $750,000 for consumer outreach and a $500,000 payment to Arizona.
Faulty air bag inflators have been tied to at least 15 U.S. deaths in Honda vehicles.
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