Saturday, November 12, 2016

Toyota To Pay $3.4B To Settle Rusty Truck Frame Action

Before you cheer loudly, TOYOTA has been producing vehicles with this problem for many years. 

How many lives were jeopardized? 

How many owners were forced to JUNK their TOYOTA trucks before this was resolved? 

The TOYOTA WAY is Dilly Dally Delay & Stall! 

Toyota To Pay $3.4B To Settle Rusty Truck Frame Action

Law360, New York (November 10, 2016, 12:50 PM EST) -- Toyota Motor Co. on Wednesday agreed to pay approximately $3.4 billion to compensate owners of certain truck models with frames that are prone to rust corrosion and perforation in order to settle a proposed class action lawsuit in California federal court.

The owners of certain Tacoma, Tundra and Sequoia trucks asked U.S. District Judge Fernando M. Olguin to preliminarily approve the deal, which provides inspections for the approximately 1.5 million vehicles possibly affected by the defect, as well as the replacement of frames for an estimated...