Class Action Lawsuits Could Cost Toyota More Than $3 Billion
Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts. Those estimates do not include potential payouts for wrongful death and injury lawsuits, which could reach in the tens of millions each.
