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Recalls and repairs are the least of Toyota’s worries
Friday, February 12, 2010
Los Angeles Times: In addition to facing possible liability suits for damages resulting from accidents involving their cars with known safety defects, Toyota could also face a class action over the loss of their vehicles’ value. “It’s easy to prove damages here,” said law professor P. Tim Howard. “You don’t think you’re damaged, try to sell your Toyota and see if you can get for it today what you could have four weeks ago.”
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Tags: auto safety, product liability, recalls, Toyota;
Category: In The News;