Takata pays US$9.8 mil to 102 victims of malfunctioning airbags

A deployed airbag is seen in a Chrysler vehicle at the LKQ Pick Your Part salvage yard on May 22, 2015 in Medley, Florida.Joe Raedle / Getty Auto parts supplier Takata will begin its first round of restitution payments to victims injured by its malfunctioning airbags by handing out almost US$9.8 million to 102 recipients.The recipients will individually receive between US$643.40 and US$608,013, reports the Detroit News, based on the extent of their injuries.The payments were calculated by a special master using a formula that awarded points worth $64.34 each to drivers who filed claims about suffering injuries due to the faulty Takata airbags, explains the outlets.Nearly 70 million vehicles in the U.S. have been recalled over the faulty airbags, made with inflators that over time can degrade, become unstable and explode, sending metal shrapnel towards passengers. Another 20 million new vehicles fitted with the airbags have yet to be recalled. Some 16 deaths have been linked to the airbags in the U.S., along with more than 250 injuries. Worldwide, its reported 24 people have died as a result of the parts defect.Takata will pay out a total of US$1 billion in criminal penalties. The Detroit News says of that amount, US$125 million will be used for injured individuals who havent reached separate settlements while US$850 million will be made available to automakers for air bag recall and replacement costs. The remaining US$25 million is a straight
Origin: Takata pays US$9.8 mil to 102 victims of malfunctioning airbags