BMW agrees to settle vehicle water damage suit for up to $478 mln
February 07, 2017 at 10:37 AM EST
WASHINGTON, Feb 7 (Reuters) - German automaker BMW AG has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical components in vehicle trunks.