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  • Toyota Faces Lawsuits Over Reduced Value of Recalled Vehicles
    Los Angeles, CA: Legal action is being considered for owners of Toyota vehicles affected by the recent spate of safety recalls to recover damages for the reduced value of the cars and the lost use of vehicles during repairs. According to a report on Reuters.com "major automobile valuation services like Edmonds and Kelley Blue Book have downgraded...
  • Toyota To Pay $32 Million Over Vehicle Recalls
    Dec-21-10 Torrence, CA Toyota has agreed to pay federal officials $32.4 million in fines resulting from investigations into the handling of several massive recalls the Japanese automaker instigated in 2009 and 2010. According to a report on CNN.com the two fines - $16.375 million and $16.05 million – are the most severe allowed by law. These fines are...
  • Toyota Agrees $25.5M Settlement in Securities Class Action Lawsuit
    Los Angeles, CA: A $25.5 million settlement has been agreed by Toyota Motor Corp, potentially ending a securities class action lawsuit brought against the automotive manufacturer over allegations that it failed to disclose information on safety and quality of its products that were subject to a recall in 2010. The settlement is pending approval...
  • Toyota Settles Acceleration Class Action Lawsuit For $1.1 Billion
    Detroit, MI: Toyota Motor Corp has agreed to a $1.1 billion settlement of a pending defective products class action lawsuit. The lawsuit stemmed from complaints that a flaw in Toyota' electronic throttle-control system, and not ill-fitting floor mats and sticky accelerator pedals, were to blame for unwanted acceleration of Toyota vehicles, which c...
  • Toyota recall | Camry recall | Lawyersandsettlements.com
    In January, 2010, consumers learned about a Toyota safety recall that affects approximately 2.3 million vehicles. The Toyota recall is reportedly due to an issue in which accelerator pedals on specific Toyota models become stuck. Toyota also recalled approximately 4.2 million Toyota and Lexus vehicles due to the risk of pedal entrapment from incorrec...
  • Toyota Recalls 3.8 million vehicles
    Toyota is recalling more than 3.8 million Lexus and Toyota vehicles, its biggest US recall in history. Drivers reported that floor mats slid forward and in some cases jammed the accelerator pedal. Owners of Toyota's seven vehicle lines, including the Camry sedan, Tundra truck and three premium Lexus models, have been urged by the Transportation Secret...
  • Yet Another Toyota Recall
    Oct-21-10 Tokyo Toyota Motor Corp. has announced yet another recall. This time 740,000 vehicles in the US (1.53 million globally) are being recalled to fix a brake-related problem that may cause fluid leaks. The models recalled include the 2005-2006 Toyota Avalon, 2004-2006 Toyota Highlander (non-hybrid models), 2004-2006 Lexus GS300, 2004-200 IS250, 2004-2006 IS350...
  • Honda Settles Airbag Lawsuit
    Mar-15-13 Henrico, VA Airbags are supposed to save lives, so when airbag injuries result in serious harm, or death, to vehicle occupants, people are naturally surprised. At least one airbag lawsuit recently resulted in a settlement for the family of a woman who died when her airbag exploded after a minor accident. According to NBC 12 (2/25/13), Guddi Rathor...
  • Prius Brake Failure Might Mean More Toyota Recalls
    Feb-3-10 Nagoya, JAPAN The government of Japan has asked Toyota to test the brakes of its popular Prius hybrid for possible failure. The announcement could not be more badly timed for Toyota, arriving as the automaker attempts to rebuild public confidence on the heels of several massive recalls . The Prius is fitted with a complex braking system that transfe...
  • Yet Another Toyota Recall: This Time, Tacoma Trucks
    Feb-14-10 Detroit, MN Toyota's recall woes continue to build after last night's voluntary recall of 8000 four-wheel-drive Tacoma trucks in North America over fears of potential production defects in the front drive shaft of certain 2010 models. CNN reported early this morning that the front shaft in a small production run of the pickups could potentially incl...
  • $11M Awarded in Toyota Camry Sudden Unintended Acceleration Lawsuit
    Los Angeles, CA: An $11 million verdict has been awarded to the plaintiffs in a Toyota sudden acceleration personal injury lawsuit resulting from a defect in a 1996 Camry. The jury ruled that the defect contributed to an accident which left three people dead and two seriously injured. While the jury found that the Camry' driver, Koua Fong Lee, was 4...
  • NHTSA to Investigate Late Model Toyota Corollas over Steering Problems
    Washington, DC: A formal investigation into complaints of steering problems with the 2009-2010 Toyota Corolla will be undertaken by the US Government, the Washington Post reported today. So far, the National Highway Traffic Safety Administration (NHTSA) has received over 150 complaints from Corolla owners regarding various defects. According to so...
  • Potential Penalties against Toyota Could Hit $49.2 Million
    Apr-11-10 Washington, DC The federal government is angry with Toyota for waiting so long to inform consumers about the various Avalon and Camry recalls enacted over sticking gas pedals and floor mats. That wait is going to cost Toyota a potential $16.375 million in fines—the largest penalty allowed under the Tread Act. According to an account published...
  • Toyota Prius Defective Headlight
    The Toyota Prius is alleged to have headlight problems. Such problems reportedly include the passenger side headlight going out intermittently, both headlights going out and the headlights dimming with no warning. Some consumers say their car is less than two years old and the headlights have been replaced multiple times. In addition to being a potentially e...
  • Toyota Facing Lawsuits, Possible Credit Ratings Downgrade
    Feb-10-10 New York, NY As Toyota continues to reel from its recall troubles , lawsuits have already begun to emerge. CNN Money was reporting this morning that more than 30 lawsuits have been filed against the Japanese automaker for the pedals alone. There will likely be more lawsuits to come, says Craig Hutson, senior investment grade analyst at Gimme Credit,...
  • Toyota Recall Prompts $16.4 Million in US Fines
    Apr-21-10 Torrance, CA In the wake of the monumental Toyota recall that prompted the Japanese automaker to remove millions of vehicles with faulty accelerator pedals from the road, Toyota will now face fines of more than $16 million from the US Transportation Department. The fine, the largest penalty ever assessed against an automaker, stems from Toyota's dec...
  • Late-Model Toyota Corollas May Have Steering Problems
    Feb-18-10 New York, NY According to CNNMoney yesterday, the National Highway Traffic Safety Administration (NHTSA) has amassed more than 80 complaints with regard to steering problems in late-model Corollas . About half a million Corollas—one of the best-selling cars in the country and second in popularity behind the Toyota Camry—may be affected. ...
  • Toyota Motor Engineering & Manufacturing North America Inc. Plastic Parts Settlement
    Washington, DC: (Jul-23-07) Collins & Aikman Corp. brought a lawsuit against Toyota Motor Engineering & Manufacturing North America Inc., over money owed for parts made by Collins & Aikman's plastics and soft-trim divisions. Collins & Aikman claimed Toyota owed more than $9 million for parts made by its plastics and fabrics division and $437,285 for carpet...
  • Toyota Announces Repair Strategy for Recalled Vehicles
    Feb-1-10 Detroit, MN This morning Toyota announced its strategy to fix the millions of its recalled vehicles that were built with unsafe or poorly-performing accelerator pedals. Toyota announced that it would be installing a steel reinforcement bar into the pedal assembly in an effort to reduce the surface tension that caused it to stick. Toyota claims that...
  • Lawsuits Could Cost Toyota in Excess of $3 Billion
    Mar-9-10 Miami, FL According to the Associated Press (AP), lawsuits related to the massive Toyota recall could cost the world's largest automotive maker $3 billion or more. As of yesterday, more than 89 class action lawsuits have been filed across the country on behalf of disgruntled Toyota owners who claim that their vehicles have suffered a loss in value sinc...
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