Toyota Motor Sales U.S.A. Inc. has reached a tentative agreement to settle a nationwide class action by Toyota and Lexus owners who complained their car engines were damaged by oil sludge. A federal judge in Louisiana is expected to give final approval to the settlement on Feb. 7, said a Lexus spokesman. Under the proposed terms, Toyota will reimburse owners for the cost to repair oil sludge damage as well as other incidental costs for up to eight years from the date their vehicle was sold or leased.
January 12, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Toyota Motor Sales U.S.A. Inc. has reached a tentative agreement to settle a class action lawsuit by owners of select Toyota and Lexus models who complained their car engines were damaged by oil sludge.
A federal judge in Louisiana is expected to give final approval to the settlement on Feb. 7, said Lexus spokesman Sam Butto in Torrance, Calif.
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