29 states come to agreement with Toyota on recall fiasco
There are many Toyota owners in Troy who have been watching the news closely following a series of recalls by the car company in 2010. Cars, more so than any other consumer good, need to be safe. No one in upstate New York would purchase a car if he or she thought that it was going to be dangerous, nor should a consumer have to worry that his or her vehicle will put his or her life at risk, even if it is being operated safely. While there are federal protections in place that can help remove dangerous vehicles from the roads, there is no guarantee that consumers or other motorists won't be injured by dangerous automobiles.
When these accidents do happen, however, there are legal options available to the victims of defective products. By filing a products liability lawsuit, consumers can hold the manufacturers responsible for the damage they caused, the pain and suffering the victims sustained, and any medical bills or other costs associated with the crash. By consulting a products liability lawyer, a consumer may be able to learn more about his or her options when it comes to seeking compensation following an accident caused by a defective automobile.
Toyota recently agreed to pay $29 million to 29 states after it caused considerable problems with its previous recalls. In 2009 and 2010, Toyota issued several recalls of their vehicles after allegations arose that there were defects in the vehicles that caused them to inextricably accelerate. The manufacturer also agreed to pay $1.1 billion to consumers who were affected by the runaway cars.
While New York was not one of the 29 states to receive compensation from the car company, it is highly likely that there are some New Yorkers who were part of the billion-dollar settlement that the car company also announced. It remains to be seen, however, just how much money each individual will receive as part of the settlement.
Source: USA Today, "Toyota recall nightmare results in deal with 29 states," Chris Woodyard, Feb. 14, 2013