Toyota to Pay $10M in Runaway Lexus Suit

Toyota has agreed to pay $10M in a Runaway Lexus Suit.

Last year, in August 2009 a family of four was killed in a car crash near San Diego.It was apparently due to faults in a Toyota car named ‘Lexus’.This crash resulted in recalls of millions of the automaker’s vehicles.A suit was filed against Toyota to give them compensation.A suit that was resolved today.

A motion by Toyota was denied by a Los Angeles judge and also the plaintiffs to keep the settlement sealed.Toyota was given 48 hours to file a stay with a California court of appeal.However, an e-mail message left for a Toyota spokesman by The Associated Press was not immediately returned.