Kobe Steel, Toyota Hit With U.S. Lawsuit Over Vehicle Metal Quality | SupplyChainBrain

Kobe Steel, Toyota Hit With U.S. Lawsuit Over Vehicle Metal Quality


The proposed class-action lawsuit represents the first U.S. consumer complaint filed against Kobe Steel over an issue that has been dogging Japan’s third-largest steelmaker for nearly five decades.

Kobe, which supplies steel parts to manufacturers of cars, planes and trains around the world, admitted last year to supplying products with falsified specifications to about 500 customers, throwing global supply chains into turmoil.

Earlier on Tuesday, Kobe said its CEO will step down to take responsibility for the widespread data fraud scandal.

The U.S. lawsuit, filed on Monday in federal court in San Francisco, was brought by two California residents who seek to represent a nationwide class of consumers who bought allegedly defective Toyota vehicles.

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