Basic Fun, a Florida-based toy design and development company that since 2019 has owned the Tonka toy brand, has filed for Chapter 11 bankruptcy protection as part of a financial restructuring plan.
Basic Fun, a Florida-based toy design and development company that since 2019 has owned the Tonka toy brand, has filed for Chapter 11 bankruptcy protection as part of a financial restructuring plan.
Tonka trucks recreate the authentic look and feel of heavy-duty construction equipment and last for generations.
The recalled trucks were sold at Sam's Club and Target stores starting in 2023. Tens of thousands of Tonka ride-on toy trucks are being voluntarily recalled as they may pose a burn and fire hazard.
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