Toyota settles for at least $1B with unintended acceleration complainants
Judge James Selna of the U.S. District Court for the Central District approved Toyota Motor Corp.’s at least $1 billion settlement with former and current Toyota owners who claimed their vehicles’ worth decreased because of the sudden acceleration incidents on Friday, August 2. However, Toyota did not admit guilt in the settlement. The class-action lawsuit was filed in 2010.
Many vehicle owners said some incidents of unintended acceleration were caused by problems in Toyota’s electronic throttle control systems, which National Aeronautics and Space Administration scientists disproved as their investigation found that the problem could also stem from sticking gas pedals and incorrectly used or installed floor mats.
Aside from the class action, two separate cases of wrongful death lawsuits against Toyota were settled.
At Ritter & Associates, our legal team is dedicated to helping victims of auto defects and other defective products in San Diego. Call us at 619-296-0123 to find out how we may be able to help you if you’ve been injured due to such a product.