Prospect of class action lawsuit adds to Toyota worries

US Toyota owners have filed dozens of group lawsuits claiming that massive safety recalls have hammered the value of their cars in an action that could cost the company more than £2bn.

Prospect of class action lawsuit adds to Toyota worries
Tue, 09 Mar, 2010 - 12:54

US Toyota owners have filed dozens of group lawsuits claiming that massive safety recalls have hammered the value of their cars in an action that could cost the company more than €2.2bn.

The estimate does not include potential payouts for wrongful death and injury cases, which could reach in the tens of millions each.

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