--Volkswagen AG's U.S. unit reached a settlement with vehicle owners related to Takata air bag inflators, Reuters reported, citing documents filed in U.S. District Court in Miami.

--The $42 million settlement covers 1.35 million vehicles, according to the report.

--Volkswagen didn't immediately comment on the report.

Full story: https://www.reuters.com/business/autos-transportation/vw-reaches-42-million-settlement-with-us-owners-over-takata-air-bags-2021-09-01/

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

September 01, 2021 18:30 ET (22:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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