Toyota agrees to ₹22k cr settlement in US class action suit
Toyota Motor has agreed to a settlement of up to $3.4 billion (over ₹22,000 crore) for a class action suit filed by the US owners of pickup trucks and SUVs. The settlement covers about 1.5 million vehicles which have allegedly received inadequate rust protection. This could lead to corrosion serious enough to jeopardize the car's structural integrity, court papers stated.