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Toyota (NYS: TM) has agreed to pay $1.1 billion in reimbursements, compensation, and other costs to settle a class action lawsuit, the company said in a press release. The case, which is being ...
On January 27, 2010, Toyota USA issued an expanded list of vehicles under recall including: [1] MY 2008–2009 Toyota Highlander* (excludes Highlander Hybrid) MY 2009–2010 Toyota Venza * vehicles built in Japan use Denso pedals and are not subject to the recall. On January 29, 2010, the Toyota recall was extended to Europe and China. [71]
Lemon law protection arises under state law, with every U.S. state and the District of Columbia having its own lemon law. [1] Although the exact criteria vary by state, new vehicle lemon laws require that an auto manufacturer repurchase a vehicle that has a significant defect that the manufacturer is unable to repair within a reasonable amount of time. [2]
By the end of 2006 there were about 15 hybrid vehicles from various car makers available in the U.S. [1] By May 2007 Toyota sold its first million hybrids and had sold a total of two million hybrids at the end of August 2009. [2]
The heart of the BRZ and GR86 sports cars is at the center of a new lawsuit. Toyota and Subaru have been hit with a class action suit out of New Jersey related to engine failures in the 86 twins.
The lawsuit floodgates have opened, inundating Toyota (TM) with class-action claims over its "runaway cars." And now, with the potentially new Latest Legal News: The Sure Winner in Toyota Lawsuits?