Japanese air bag maker’s defective products linked to 23 fatalities worldwide.
Test results show the trucks had inflators that ruptured or recorded high internal pressure readings.
Automaker says it could save $1 billion and avoid recalling up to 6.8 million full-size 2007-2011 pickup trucks and SUVs.
Auto companies only halfway toward a Dec. 31 goal of 100% replacement of older and more dangerous inflators.
Automaker a big Takata customer; some 100 million air-bag inflators were recalled worldwide.
Auto parts maker said allowing the lawsuits to proceed would jeopardize its restructuring efforts.
Japanese auto parts says allowing them to proceed would seriously jeopardize its restructuring efforts.
Settlement would pay for a new outreach program to ensure Takata air bags are removed from 4.4 million affected Nissan vehicles.
Almost 10 million inflators with the highest risk of rupturing remained in use as of March 31.
Close to 10 million inflators with the highest risk of rupturing remained in use as of the end of March, analysis finds.
Says propellant has not deteriorated in any of its inflators taken from vehicles in the field.
He was working inside a 2001 Honda Accord using a hammer with the ignition on.
100 million inflators installed worldwide, could take years to get them off the road.
Clears the way for a $1.6 billion takeover of most of its assets by rival Key Safety Systems.
Settlement compensates owners for things like lost wages or child care while they were taking their vehicle in for the recall repair.