Market Overview

Toyota (TM) Sued Over Fatal Accidents


Toyota Motor Corp. (NYSE: TM) has had two lawsuits filed against it in Los Angeles federal court claiming that sudden, uncontrollable acceleration by Toyota vehicles led directly to to fatal accidents.

The attorney of one of the accident victims, whose husband was killed in the accident, said that his client's 2006 Toyota Prius did not have a brake-to-idle safety feature that lets the driver override the electronic throttle and take control of the vehicle if the vehicle suddenly accelerates without the intention of its driver.

Toyota Motor Corp. has already been sued in Los Angeles in a class action lawsuit representing all owners of the 2010 Prius and the 2010 Lexus HS250h hybrid, which both use the same braking system that has been the cause of consumer complaints and recalls.

Posted-In: Toyota Motor Corp.News Markets


Related Articles (TM)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

DOT Approves American, British Airways Accord (AMR, BAIRY)

ETF Rewind - Week 6 (2/12/10)