Skip to main content

settlement

  • 0
    Official: Toyota reaches $1.2B unintended acceleration settlement in criminal probe
    1395239220

    UPDATE: Just like that, Toyota has released an official statement confirming its $1.2-billion dollar settlement with the US Attorney's Office. Our story has been updated to reflect this development and the automaker's official statement has been added below. Toyota has reached a settlement over ...

  • 0
    Official: Toyota settles complaints with states Attorneys General for $29 million
    1360881780

    Toyota announced today that it has reached a settlement with the Attorneys General of 29 states and one US territory that will resolve their complaints relating to recalls performed by the automaker from 2005-2010, including those related to sticky accelerators and malfunctioning floor mats that ...

  • 0
    Report: Why everyone loses but the lawyers in Toyota's unintended acceleration settlement
    1356992940

    The Toyota settlement recently submitted to US District Judge James Selna for approval will cost the company anywhere from $1 billion to $1.4 billion. All to settle the class-action suit brought against it for economic losses stemming from claims of unintended acceleration. This suit only ...

  • 0
    Report: Toyota shares rise on smaller-than-expected settlement news
    1356649200

    Following news that Toyota has proposed a massive settlement to address the owners of vehicles effected by the unintended acceleration recall, shares for the automaker are up 2.6 percent. Over the course of this year, Toyota's stock has jumped 51.7 percent. "My initiate reaction would be 'that's ...

  • 0
    Breaking: Toyota proposes economic loss settlement worth up to $1.4 billion over unintended acceleration claims
    1356581700

    Toyota announced a proposal today worth over a billion dollars to settle civil claims of economic loss related to alleged cases of sudden unintended acceleration in its vehicles from 2009-2010. Estimates place the cost of the settlement between $1.1 billion and $1.4 billion, which would, ...

  • 0
    FIA, Briatore put an end to legal saga
    1271419260

    It's been a long, drawn-out affair extending back two years since the 2008 Singapore Grand Prix. That's when then-Renault F1 chiefs Flavio Briatore and Pat Symonds allegedly instructed their rookie driver Nelson Piquet Jr to crash on purpose and give the advantage to his world-champion wingman ...

  • 0
    Ford settling class-action lawsuits related to rollovers
    1196341380

    FoMoCo is on the brink of settling a class-action lawsuit brought by owners claiming that Ford's Explorer was prone to rolling over. The settlement covers approximately one million people in California, Connecticut, Illinois and Texas who've owned 1991 through 2001 Explorers.Ford's spokesperson, ...

  • 0
    Odo Uh-Oh: Honda extending warranties on 6 million cars
    1171905900

    Honda has decided to settle a class-action lawsuit that alleges its odometers were racking up miles too fast. The automaker says odometers on some 6 million Hondas affected by the suit were accurate to within 3.75% on the high side. The NHTSA doesn't regulate odometer accuracy, and the only ...

  • 0
    CARFAX agrees to settlement in class-action lawsuit
    1169152140

    CarFax is becoming an increasingly popular tool used by both buyers and sellers of vehicles as a way to verify a vehicle's history. Unfortunately, the internet-based service outfit has had to settle a class-action lawsuit that accuses the company of misleading customers into thinking that its ...

  • 0
    DaimlerChrysler and insurers agree on settlement payout
    1167782520

    DaimlerChrysler has finally reached an agreement with its insurers that finally determines who is paying what in a settlement of a lawsuit filed by the automaker's investors over the nature of the merger that created company back in 1998. Chrysler stock holders originally argued that the ...

Loading

Loading
Autoblog iPhone App
Shop for a vehicle