Toyota has reached a potential settlement with upwards of $150 million to resolve class-action litigation in the United States related to the recalls of approximately 3.36 million Toyota and Lexus vehicles.
The settlement covers owners and lessees of a multitude of Toyota and Lexus vehicles manufactured between 2013 and 2020. These vehicles are equipped with a Denso low-pressure fuel pump which could cause vehicles to run rough and ultimately lose engine power and stall. Toyota recalled more than 5.8 million vehicles worldwide throughout 2020 and 2021 due to the defect.
This preliminary settlement was filed in federal court in Brooklyn but still requires a judge’s approval.