![\"\"](\"http:\/\/www.egmcartech.com\/wp-content\/uploads\/2010\/01\/toyota_emblem_main_a.jpg\")
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Toyota has estimated the cost of their recalls to be in excess of $2 billion, but many are predicting that lawsuits alone could top that number, as 30 U.S. suits have already been filed. With lawyers chomping at the bit for a piece of Toyota, credit rating agency Moody\u2019s warned that a downgrade to Toyota\u2019s credit rating is a strong possibility due to litigation risks that the company faces.<\/p>\n
New reports regarding steering problems in the Corolla could also spell more trouble.<\/p>\n
<\/span><\/p>\n It has been estimated so far that there have been a total 19 fatalities involving the recalled vehicles, and Kansas City Attorney Gary Robb anticipates that number to increase significantly as people look more deeply into accidents in which a cause has yet to be determined.<\/p>\n Kelley Blue Book has also lowered its book values on the recalled models anywhere between 2.5% and 3.5%<\/p>\n – By: Stephen Calogera<\/em><\/p>\n Source: CNNMoney<\/a><\/p>\n Toyota has estimated the cost of their recalls to be in excess of $2 billion, but many are predicting that lawsuits alone could top that number, as 30 U.S. suits have already been filed. With lawyers chomping at the bit for a piece of Toyota, credit rating agency Moody\u2019s warned that a downgrade to Toyota\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-299278","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/299278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=299278"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/299278\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=299278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=299278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=299278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/img><\/a>
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