A Chicago federal judge has given initial approval to Navistar’s agreement to pay truck owners and lessees $135 million to settle a class-action lawsuit over defective engine emission systems, according to the Chicago Tribune. The settlement would end a court battle for the Lisle-based manufacturer, which built 2011 to 2014 model year commercial trucks with a design flaw causing breakdowns and engine damage.
The article reports that more than 66,500 International trucks equipped with certain MaxxForce 11- or 13-liter diesel engines are included in the class. Truck owners and lessees can choose from three payout options, either up to $2,500 cash per truck, a rebate of up to $10,000 toward a new truck, or up to $15,000 in covered damages per truck.
According to Commercial Carrier Journal, Navistar will contribute $85 million to fund claims for the cash payout and repair repayment options. The remaining $50 million will be used for rebates.
Owners and lessees of affected trucks have until May 11 to file their claims for any of the three options.
Source: The Chicago Tribune & Commercial Carrier Journal
