16 hours ago
Toyota Files $361 Million South Africa Flood Damage Lawsuit: BD
Toyota Motors Corp. has brought a lawsuit for 6.5 billion rand ($361 million) in a South African court for 2022 flood damages that shuttered its plant near Durban, Business Day reported.
The claim against Transnet SOC Ltd., the KwaZulu-Natal Department of Transport and eThekwini Municipality has been brought in the high court in Durban by Toyota South Africa Motors' insurer, Tokio Marine & Nichido Fire Insurance.
