Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) Class Action Settlement of New Motor Vehicle Canadian Export Antitrust Class Action Lawsuits

If you bought or leased a new car or truck manufactured by Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hummer, Infiniti, Jaguar, Jeep, Land Rover, Lexus, Lincoln, Mazda, Mercedes, Mercury, Mini, Nissan, Oldsmobile, Plymouth, Pontiac, Saab, Saturn, Toyota, Volkswagen or Volvo during 2001 to 2006, your rights may be affected by a class action settlement.

A class action settlement has been reached in a class action lawsuit against Toyota Motor Sales, U.S.A., Inc. (“Toyota Motor” or “Toyota”), the Canadian Automobile Dealers’ Association (“CADA”) and others (collectively “Defendants”) in the United States District Court for the District of Maine (captioned In re New Motor Vehicles Canadian Export Antitrust Litigation, Case Number MDL 03‐1532), alleging, among other things, that Defendants and others conspired with each other to prevent virtually identical, but cheaper, new cars from being exported to the United States from Canada and kept prices of new cars in the United States higher than they should have been, purportedly in violation of federal and state antitrust statutes, consumer protection laws, and the common law of certain states, according to the Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) New Motor Vehicle Canadian Export Antitrust class action lawsuit settlement notice.

You are reportedly a Class Member for the Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) New Motor Vehicle Canadian Export Antitrust settlements if you meet all of the following requirements and are not otherwise excluded:

a. You purchased or leased a new motor vehicle (passenger car, light truck or sport utility vehicle (“SUV”) during the period January 1, 2001 to December 31, 2006;
b. You reside (if you are currently located outside the United States because you or your spouse are on official U.S. government business you reside in the U.S.) or have your principal place of business (i.e., the location of your business or corporate headquarters) in the United States, and you purchased or leased the vehicle from an auto dealer located in the United States; and
c. The vehicle you purchased or leased was one of the following makes: Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hummer, Infiniti, Jaguar, Jeep, Land Rover, Lexus, Lincoln, Mazda, Mercedes, Mercury, Mini, Nissan, Oldsmobile, Plymouth, Pontiac, Saab, Saturn, Toyota, Volkswagen or Volvo.

Under the Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) New Motor Vehicle Canadian Export Antitrust class action settlement, Toyota has agreed to pay $35 million for the benefit of the Class, refrain from conspiring or agreeing with other defendant automakers or dealer associations to stop new cars and trucks from being exported to the United States from Canada; and refrain from sharing information with other defendant automakers and dealer associations aimed at stopping these exports.

Under the Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) New Motor Vehicle Canadian Export Antitrust class action settlement CADA has agreed to pay $700,000 for the benefit of the Class, refrain from conspiring or facilitating a conspiracy to prevent new cars and trucks from being exported to the United States from Canada; and refrain from sharing information among automakers and trade associations that could facilitate stopping these exports.

The Court is scheduled to hold a settlement hearing at 10:00 a.m. on February 18, 2011, in the United States District Courthouse for the District of Maine, 156 Federal Street, Portland, Maine 04101, in Judge Hornby’s
Courtroom, Courtroom 2, 2nd floor to consider whether the Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) New Motor Vehicle Canadian Export Antitrust class action settlements are fair, reasonable and adequate and to consider Plaintiffs’ Counsel’s request for attorneys’ fees and costs and the provision of incentive awards to the named plaintiffs.

For more information on the Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) New Motor Vehicle Canadian Export Antitrust class action lawsuit settlement, visit the Toyota Motor & Canadian Automobile Dealers’ Association (“CADA”) New Motor Vehicle Canadian Export Antitrust class action settlement website:

www.CanadianExportAntitrust.com

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