Toyota Recall: Lawyers Could Be Busy With Gas Pedal Class Action Suits

By Phillip Williams on March 5, 2010, 10:32 am Posted in Business News

The Toyota Motors (NYSE:TM) Company’s lawyers could end up being very busy in the near future. The latest news indicates that more than 60 Toyota owner/drivers are reporting that when their vehicles were brought in to be fixed (and were repaired) they were still experiencing problems.

Class Actions Suits

With so much controversy over the gas pedal problems one can almost assume that the legal teams for Toyota will be in for a barrage of class-action lawsuits. The fix, originally thought to be the pedal and floor mat does not really seem to be the root of the problem. Toyota, in the past, was known for their inherent quest for quality control seems to have been broken.

 

Increased Political Pressure

Since the Untied States government owns General Motors (NYSE:GM) the running-scared politicians are very likely to keep intense pressure on the chief executives for Toyota. The National Transportation Safety Board and the Department of Transportation are also likely to jump on board since they have come under close scrutiny over lax monitoring in general. You can bet your bottom dollar that the Washington crowd will not be letting this issue go away with the approval rating of congress being at an all-time low.

Related posts:

1. Toyota Exec Erv Miller Warned Mgmt “Need To Come Clean” About Recall
2. Toyota Gives New Meaning To The Phrase – Put The Pedal To The Metal
3. March Incentives Boost Toyota Sales Nearly 40%
4. Critics Say That Toyota’s Smart Team Designed To Discredit Complaints
5. State Farm Goes After Toyota To Pay For Acceleration Lawsuits

One Response to “Toyota Recall: Lawyers Could Be Busy With Gas Pedal Class Action Suits”

1. TEDI says:

   March 6, 2010 at 2:43 pm

   The engineering firm, Exponent, said while it was able to duplicate Prof. Gilbert’s demonstration, the “artificial nature” of his methods required a “complex combination of multiple faults or failures.” Exponent said Gilbert’s results could only be “contrived in the laboratory” and are “extraordinarily unlikely” to happen in the “real world.” Exponent also reported that it was able to use Gilbert’s methods to induce sudden acceleration in vehicles made by other manufacturers. The firm said even though the error code was not reported by the car’s computer, it would have left other tell-tale electronic “fingerprints.”

   Prof. Gilbert was not immediately available to comment on the Exponent report. Both he and Exponent have turned their findings over to the National Highway Traffic Safety Administration for further analysis. Gilbert was paid $1,800 by a safety consultant, Sean Kane, whose for-profit firm works with lawyers currently suing Toyota over the sudden acceleration issue.