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Toyota Settles U.S. Truck Rust Lawsuit for $3.4 Billion

Phenny Lynn Palec   |

Nov 14, 2016 12:57 AM EST

Japanese automaker Toyota recently agreed to pay more than $3.4 billion in order to settle a federal class action suit brought by owners of pickup trucks and SUVs in the United States. The plaintiffs said that frames of affected cars have the tendency to pick up rust.