Toyota agrees to $750 million DPF class action settlement in Australia
What happened
Toyota Australia has agreed to a $750 million settlement covering two class actions related to defective diesel particulate filters (DPFs) fitted to HiLux, Prado, and Fortuner vehicles in Australia. The proceedings involve 264,170 vehicles acquired between October 1, 2015, and April 23, 2020, and the settlement is subject to approval by the Federal Court of Australia. Toyota Australia apologized for any inconvenience experienced by customers.
From perthnow.com.au
Why it matters
The settlement represents a significant financial liability for Toyota Australia regarding defects in its diesel vehicles. The agreement addresses claims from two class actions, one covering original buyers and another covering private owners who purchased affected vehicles later.
From perthnow.com.au
Who's involved
- ToyotaAgreed to the $750 million settlement concerning defective DPF systems.
- Federal Court of AustraliaThe Federal Court of Australia must approve the settlement.
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The entities involved
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Toyota
Japanese multinational automotive manufacturer
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Federal Court of Australia
Australian superior federal court
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