A settlement has been reached in a class action lawsuit alleging that consumers sustained economic losses because they purchased or leased vehicles from Volkswagen AG, Volkswagen Group of America, Inc., VW Credit, Inc., Audi AG, or Audi of America, LLC (collectively "Volkswagen") containing allegedly defective airbags manufactured by Takata Corporation and its affiliates ("Takata"). The Settlement includes certain vehicles made by Volkswagen (the "Subject Vehicles"). Volkswagen denies any and all allegations of wrongdoing and the Court has not decided who is right.
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