🚗 Volkswagen/Audi Takata Airbag Economic Loss Settlement

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Defendant: Volkswagen AG; Volkswagen Group of America, Inc.; VW Credit, Inc.; Audi AG; Audi of America, LLC | Category: Automotive | Added: 2026-07-08

Alleged Issue
Certain Volkswagen and Audi vehicles contained Takata airbag inflators alleged to be capable of rupturing and expelling shrapnel, causing economic loss to owners (part of the nationwide In Re: Takata Airbag Products Liability Litigation).
Eligibility
Persons/entities who owned or leased a Subject Vehicle as of November 10, 2021, or who formerly owned/leased and sold or returned a Subject Vehicle between February 9, 2016 and November 10, 2021.
Estimated Payout
Varies by claim; part of a $42 million economic-loss settlement fund. Does not cover personal injury or property damage.
Claim Deadline
2026-07-08
Background
This settlement is part of the broader nationwide Takata airbag inflator MDL and was filed in the U.S. District Court for the Southern District of Florida. Volkswagen's piece of the deal is valued at roughly $42 million, which includes a 20% credit applied for the rental-car and loaner-vehicle program offered to owners during recall repairs, and Volkswagen expressly denies any wrongdoing as part of the agreement. The court set the settlement's Effective Date as July 8, 2022, and the program has since run in successive one-year cycles measured from that date -- which appears to explain why the registration/claim window cycles on July 8 each year rather than being a single fixed cutoff.
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Source: https://www.autoairbagsettlement.com/Volkswagen/en