Toyota affiliates in $436 million settlement over alleged forklift engine emissions cheating

Core Viewpoint - Three Toyota affiliates have reached a settlement estimated at $436 million regarding a proposed U.S. class action lawsuit that accuses them of emissions cheating related to nine engines used in forklift trucks [1] Group 1 - The settlement amount is approximately $436 million, indicating a significant financial impact on the involved affiliates [1] - The lawsuit pertains to allegations of emissions cheating, which raises concerns about compliance and regulatory standards within the industry [1] - The engines in question are specifically used in forklift trucks, highlighting a niche area of the automotive and industrial equipment market affected by these allegations [1]