Mitsubishi Motors Corporation and Mitsubishi Motors North America, Inc. (collectively “Mitsubishi”) have agreed to a class-action settlement in In Re: ZF-TRW Airbag Control Units Products Liability Litigation, Case No. 2:19-ml-02905-JAK-JPR (the “Settlement”). The lawsuit alleges certain Mitsubishi Class Vehicles contain defective ZF-TRW airbag control units (“ZF-TRW ACUs”) prone to electrical overstress, which may cause airbags and other safety features to fail in a collision. Mitsubishi denies the allegations but has agreed to the Settlement to resolve the case.