Toyota Motor Co. agreed to a settlement that will install a brake-override system in an estimated 3.25 million vehicles and compensate car owners for the alleged reduced value of the vehicles, among other terms.http://www.latimes.com/business/autos/la-fi-toyota-to-pay-at... According to attorneys for the plaintiffs, the estimated value of the settlement makes it the largest of its kind, although there have been larger non-auto industry class settlements in recent years. They said the settlement provides that 16 million current Toyota owners will be eligible for a customer care plan that provide a warranty for certain parts alleged to be tied to unintended acceleration claims.Regards,Ray
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