The Japanese automaker is looking forward to settling a US class-action related to faulty fuel pump recalls. Reuters reported that the settlement was filed this week in the Brooklyn federal court has reached a whopping $150 million.
Toyota will extend the fuel pump warranties to 150,000 miles or 15 years, the settlement states. Toyota will provide complimentary loaner cars and towing options for repairs. The company will compensate for previous repairs that include towing and loaners. Toyota and Denso International America Inc agreed to settle for the loos without admitting their wrongdoing Reuters reports say.
The settlement covers all Lexus and Toyota models from 2013 to 2020 both owned and leased affected by the faulty fuel pumps. The defective Denso fuel pump affects over 5.8 million cars worldwide with 3.36 million in the US alone. This is the biggest addition to the list came in October 2020 with more than 1.5 million Lexus and Toyota vehicles. The list cover cars like the 2013 Lexus LS460 to the 2020 Toyota RAV4, the best-selling car in the US.
The major recall was due to the defective fuel pump in Toyota cars that could suddenly fail. The result would be a stalled engine with warning lights. The faulty fuel pump could lead to a loss of power assist in braking and steering wheel which is dangerous. Thanks to the new settlement Toyota will fix the defective fuel pumps at no cost.