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The lawsuits, along with hundreds of others, were filed in the wake of Toyota's recall of about 8 million Toyota and Lexus vehicles in the U.S. to make repairs to prevent unintended acceleration ...
Toyota already has paid out about $2 billion in recalls, investigations and lost sales related to the accelerator issues. The company's sales bounced back in 2012, however, up nearly 30% year-over ...
The Toyota electronic accelerator pedals contain a special friction device made of nylon 4/6 or polyphenylene sulfide within the pedal assembly to recreate the tactile response of older pedals. According to the Toyota recall information, it is this device that, which in some instances, has been preventing the accelerator pedal from returning to ...
Toyota was also forced to pay a total of $66.2 million in fines to the Department of Transportation for failing to handle recalls properly and $25.5 million to Toyota shareholders whose stock lost value due to recalls. Nearly 400 wrongful-death and personal injury cases were also privately settled by Toyota as a result of unintended acceleration.
Citing a lack of an "actual defect" in its vehicles, Toyota asked a federal court Tuesday to dismiss lawsuits seeking damages for economic losses caused by the company's recall of millions of cars ...
Unintended acceleration: A defect with the vehicle's accelerator or the layout of the pedals results in unwanted or accidental acceleration of the vehicle. Pedal layout issues led to product liability claims against the Audi 5000 in the United States, [ 15 ] and more recently in a massive 2010 Toyota Vehicle Recall and suspension of production ...
Following a ruling in their favor, plaintiffs alleging that Toyota Motor (TM) sought to conceal defects related to unintended acceleration in the automaker's vehicles are one step closer to having ...
Toyota Motor (TM) may be gaining ground in repairing the 8 million vehicles it recalled for unintended acceleration problems, but it still faces a legal battle in the form of a class-action ...