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Toyota Must Face U.S. Class-Action Lawsuits Over Vehicles' Losses

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December 1, 2010 • Reprints

Toyota Motor Corp., the automaker that recalled more than 8 million vehicles related to sudden acceleration problems, must face class-action lawsuits filed by car owners claiming economic losses, a U.S. judge ruled.

The car owners' lawyers provided sufficient evidence to allow their cases to go forward, U.S. District Judge James V. Selna in Santa Ana, California, said yesterday, making final a tentative ruling issued Nov. 19. Toyota sought dismissal of the suits, contending the plaintiffs failed to plead specific losses or identify an actual defect.

For the complete Bloomberg story, click here.

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