Have an exploding airbag? You might get $500

Here's what a Takata airbag explosion looks like

Millions of car owners whose vehicles were outfitted with faulty Takata airbags could soon receive some type of compensation — possibly a check for as much as $500.

A settlement reached Thursday between four car companies and millions of affected drivers covers an estimated 15.8 million vehicles from Toyota, Subaru, BMW and Mazda. It awaits final approval from the courts sometime this year.

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