Government

V.I. Government Gives Itself 50 New Honda Vehicles and $1 Million in Cash for Defective Airbag Settlement; Residents Affected Get Nothing

Honda agreed to provide the Government of the U.S. Virgin Islands with 50 cars worth $2.1 million as part of a settlement for the company's role in the lawsuit brought by the V.I. government on behalf of residents against Takata Corporation and its U.S. subsidiary, TK Holdings, Inc. The suit stemmed from Virgin Islands’ claims that Takata engaged in unlawful practices in connection with the manufacturing, marketing and sale of its dangerous airbags installed in vehicles sold to Virgin Islands consumers. Honda also provided $1 million in cash to the government as part of the settlement. That's according to V.I. Dept. of Justice Attorney General Denise George, who issued a release following the Consortium's story bringing to the fore brand new Honda vehicles being utilized by the government. The G.V.I. and U.S. governments have traditionally purchased vehicles from American companies Ford and Chevrolet, so the sighting of the Hondas, among them Acura MDX vehicles whose cost range from $...