Toyota Will Pay $1.6 Billion Settlement
Posted: Sat Jul 20, 2013 6:25 pm
July 19, 2013: Toyota Will Pay $1.6 Billion Over Faulty Accelerator Suit
- A federal judge approved a $1.6 billion settlement on Friday in a class-action lawsuit against Toyota to compensate vehicle owners who suffered financial losses after widespread reports of sudden, unintended acceleration in 2009 and 2010.