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Toyota Frame Rust Settlement Could Cost the Company $3.4 Billion

As many as 225,000 steel frames under Toyota Tacoma and Tundra pickups and Sequoia SUVs may need to be replaced, says a lawyer who helped settle a class-action lawsuit against Toyota over the frames’ potential for rusting. The repair is an expensive, labor-intensive process that requires nearly the complete disassembly of the vehicle. The proposed legal …