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Old 16 Nov 2016, 03:00 am   #1 (permalink)
skylight
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Default Toyota to Pay $3.4 Billion to Settle U.S. Truck Rust Claims

Toyota Motor Corp. has agreed to a settlement of up to $3.4 billion for a federal class action brought by U.S. owners of pickup trucks and SUVs whose frames could rust through, plaintiffs lawyers have said in court papers. The proposed settlement covers about 1.5 million Tacoma compact pickups, Tundra full-size pickups and Sequoia SUVs alleged to have received inadequate rust protection that could lead to corrosion serious enough to jeopardize their structural integrity, according to court papers.



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