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Released: February 20, 2015 Loretta Byrd Executive Director of Carolina Auto Recyclers

Automotive Recyclers Association Announces Class Action Filed Against Takata Corporation Regarding Airbag Recall

Dear Members,

We are writing to inform you that the ARA has filed a class action lawsuit on behalf of all automotive recyclers across the nation against Takata Corporation and numerous automotive manufacturers for economic losses resulting from the defective airbags that were produced by Takata and installed in certain vehicles from those manufacturers. ARA's goal is to obtain compensation from the defendants for the recyclers holding these now valueless Takata airbags in their inventory.

For your reference, below please find a list of the vehicles which have been recalled to date due to the Takata airbag defect:

Given the widespread recalls, the Takata airbags contained in the vehicle list below should no longer be resold to customers. However, in light of the pending lawsuit, these airbags should not be destroyed or altered in any way, and recyclers should store and maintain them through the duration of the lawsuit. These airbags constitute evidence in the pending lawsuit and their preservation may be critical to each recycler's ability to obtain an eventual recovery. In addition, there might be a need for some of the airbags to be provided to our counsel for testing. The attorneys representing us are from the law firm Kessler Topaz Meltzer & Check.

If you are contacted by Takata, any of the vehicle manufacturers or any attorneys involved with the litigation other than our attorneys, please contact ARA immediately.


Air Bag Recall List

Carolina Auto Recyclers Association

CAR is a trade association dedicated to the professional development of the auto recycling industry in North Carolina. We serve the members in areas of education, government, business, and social activities as they relate to auto dismantling and recycling.

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