Nissan has agreed to pay $97.68 million to settle claims stemming from multidistrict litigation in Miami over defective air bags made by Takata Corp., the plaintiffs committee announced Tuesday.

The Japanese automaker is the latest to settle in the Takata air bag product liability litigation. The settlement agreement between Nissan and the plaintiffs awaits approval from U.S. District Judge Federico Moreno of the Southern District of Florida.

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