Nissan Motor has agreed a Takata airbag inflator related settlement with US regulators, a news agency perusal of court records discovered.
Reuters said the automaker had agreed to pay US$97.7m to settle class action claims of consumer economic loss tied to the recall of 4.4m vehicles with the inflators.
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Nissan said in a statement to Reuters it was not admitting fault under the settlement.
The news agency noted the settlement was similar t o others reached with major automakers totaling $553m and affecting 15.8m vehicles with the inflators.
Honda and Ford have yet to agree consumer economic loss claims, the report said.
All the settlements reached so far include a programme to contact owners of recalled vehicles and to address the low number of completed repairs, as well as compensation for economic losses including out of pocket expenses; a possible residual distribution payment of up to $500; rental cars for some owners; and a customer support programme for repairs and adjustments, including an extended warranty, Reuters said.
Nissan told the news agency its settlement was "intended to significantly increase customer outreach and to accelerate recall remedy completion rates for Takata airbag inflator recalls."
As of late June, only 29.9% of Nissan vehicles recalled with Takata inflators had been fixed.
The report noted the settlement was subject to court approval – a hearing to grant final approval for other four automaker settlements is set for 25 October.
