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Saturday, 21 April 2012

Class action for loss of value of Toyota vehicles following recall rejected by judge

In another US class action, Toyota have won tentative dismissal of some claims by plaintiffs who said their vehicles lost value because of the automaker's recalls for sudden, unintended acceleration-related issues, Reuters reports. U.S. District Judge James Selna will hand down a definitive judgment shortly, after hearing oral argument. The case is Toyota Motor Corp Unintended Acceleration Marketing, Sales Practices and Products Liability Litigation, U.S. District Court, Central District of California, No. 10-ml-2151.

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