Toyota pays to settle class action lawsuit

Toyota
FILE - This Feb. 16, 2012 file photo shows a Toyota ornament on a vehicle on display at the Pittsburgh Auto Show. Toyota on Friday, Sept. 4, 2015 announced it is investing $50 million with Stanford University and the Massachusetts Institute of Technology in hopes of gaining an edge in an accelerating race to phase out human drivers. (AP Photo/Gene J. Puskar, File)

TEXAS (WNCT) – Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by owners whose vehicles lacked adequate rust protection.

Court filings show that the settlement reached on October 31st covers nearly one and a half million vehicles.

The settlement applies to Tacoma trucks made from 2005 to 2010, Sequoias from 2005 to 2008 and Tundras from 2007 to 2008.

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