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, according to lawyers for the plaintiffs, make it the largest of its type in US history. US District Judge James Selna, who is presiding over the case in California, will review Toyota's settlement proposal as early as Friday.
Autoblog , Toyota proposes economic loss settlement worth up to $1.4 billion over unintended acceleration claims, Toyota proposes economic loss settlement worth up to $1.4 billion over unintended acceleration claims
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