More than 300,000 BMW owners will soon be eligible to claim their portion of a $478 million settlement over allegations that a design defect resulted in water damage to electrical components in vehicles’ trunks.
Reuters reports that the settlement, filed in U.S. District Court in New York last week, resolves a class-action lawsuit that claimed the carmaker knew for years about an issue in the affected vehicles that could cause water damage, interferring with the vehicle’s electrical components including lights, speedometer, and wipers, but did nothing to address the problem.
