Class-action Lawsuit, Automaker | featured news

Toyota to pay at least $1.2 billion to settle sudden-acceleration lawsuit

Toyota

Toyota Motor Corp. has agreed to pay between $1.2 billion and $1.4 billion to settle a class-action lawsuit filed in 2010 over allegations of unintended acceleration in some of its vehicles.

 

Class-action lawsuits could cost Toyota $3B-plus

Class-action lawsuits could cost Toyota $3B-plus

Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts.

 

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