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Toyota to pay up to $3.4 billion to settle US truck lawsuit

Toyota to pay up to $3.4 billion to settle US truck lawsuit

Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by US pickup and sport utility vehicle owners whose vehicles lacked adequate rust protection. Court filings show that the settlement reached Oct. 31 covers 1.5 million vehicles, dealing a financial blow to the Japanese automaker whose trucks were subject to corrosion…

Toyota to pay upto $3.4 billion to settle US truck lawsuit

Toyota to pay upto $3.4 billion to settle US truck lawsuit

Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by US pickup and sport utility vehicle owners whose vehicles lacked adequate rust protection. Court filings show that the settlement reached Oct. 31 covers 1.5 million vehicles, dealing a financial blow to the Japanese automaker whose trucks were subject to corrosion…