Toyota agrees to $750m settlement over HiLux, Prado and Fortuner DPFs

Toyota Australia has agreed to pay $750 million to settle two class actions involving approximately 264,000 vehicles fitted with allegedly defective diesel particulate filters, including a proceeding brought by second-hand vehicle owners represented by Quinn Emanuel and funded by Balance Legal Capital, with the settlement subject to Federal Court approval and the amounts allocated to legal costs and litigation funding yet to be disclosed.

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