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4 automakers agree to $553M settlement of Takata airbag claims

WASHINGTON (Reuters) - Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million vehicles with potentially defective Takata airbag inflators, according to court documents filed on Thursday. Toyota's share of the settlement costs is $278.5 million, followed by BMW at $131 million, Mazda at $76 million and Subaru at $68 million. According to a press release from Plaintiffs' Committee for Takata Airbag Product Liability Litigation, the funds for the settlement are aimed at getting more cars with faulty airbags fixed. At the time of writing, Toyota had the greatest recall completion percentage of 31.89 percent followed by Subaru with 31.37 percent. Mazda has completed repairs on 18.16 percent of affected cars, and BMW brings up the rear with 16.48 percent completion. Some settlement funds will go to an outreach campaign to increase awareness, while other funds will be used to reimburse people for any costs accrued to get their cars fixed. These costs can include rental cars, child care, lost wages, or any other reasonable costs associated with bringing in a vehicle for repairs. Furthermore, a customer support program will be funded with settlement money to handle any additional repairs or adjustments that could become necessary in the 75,000 miles following the airbag replacement. Lawsuits against Honda, Ford and Nissan have not been settled, lawyers said. Takata inflators, which can explode with excessive force and unleash metal shrapnel inside cars and trucks, are blamed for at least 16 deaths and more than 180 injuries worldwide. The safety defect has prompted recalls worldwide of about 100 million inflators by more than a dozen major automakers. Reporting by David Shepardson, additional details by Autoblog's Joel StocksdaleRelated Video: Government/Legal BMW Mazda Subaru Toyota

NFL player Alfred Morris receives his thoroughly restored 1991 Mazda 626

Washington Redskins starting running back Alfred Morris might not drive a flashy sports car or SUV, but after today, he'll be driving the nicest 1991 Mazda 626 on the planet.
Back in July, Morris temporarily traded in his 626 - cheekily named Bentley - for a 2014 Mazda6 loaner courtesy of Mazda, and today the sedan was presented back to him after the ultimate PR stunt: a reported 275-man-hour restoration that left this 22-year-old daily driver looking like it just rolled off the assembly line.
Not everything was brought back to original condition, though. The expired sticker from Morris' final year at Florida Atlantic University was left on the windshield, but to fit the car's nickname, a few high-end touches were added to the interior. This includes the quilted, cross-stitched leather seats (just like a real Bentley) and the touchscreen Pioneer audio system. There's also a plaque under the hood marking this car as the "Alfred Morris Project."

RingBanana Miata breaks 9-min Nurburgring barrier

The RingBanana is a cheap Mazda MX-5 Miata on a screaming mission: to lap the Nurburgring in under nine minutes. And let us emphasize the word "cheap." The team wanted the least expensive Miata they could find that still ran, and then wanted to spend the least amount of money possible in order to hit their target mark. We don't know how much they spent on the Ringbanana, but they were so indiscriminate about the purchase that they don't know what year the car is. They only know that it's got 90 horsepower, green springs, Fulda tires, and "it's completely crap." After setting a base lap of 9:21.8 the guys behind the project figured they'd have a fair bit of work. Turns out a new set of Kumho V70A semi-slick, road-legal race tires paired with Gabriel Pirana's driving is all they needed. With just that mod Pirana set a lap time of 8:59.9, and that was while having to deal with one spot of slow traffic that was getting around a stricken car. According to Wikipedia, this puts them between a 2010 Range Rover Sport Supercharged and a 2007 Chevrolet Cobalt SS. Even though the team achieved its goal on its first attempt, the Ringbanana game isn't over – there's probably a suspension mod in the near future while the guys figure out just how quickly they can go. The video above does a good job of showing just how fun it can be driving a slow car fast.