Toyota agrees to pay U.S. $1.2 billion fine to settle fraud charge | GantDaily…

9 Янв 2015 | Author: | No comments yet »
Toyota Fine-S

Toyota agrees to pay U.S. billion fine to settle charge

Windsor Genova – Estate Cooperative Contributor

DC, United States (4E) – Motor Corp. agreed to pay the U.S. government $1.2 in fine to settle a charge of American consumers by not telling the about flaws in its cars, the of Justice (DOJ) said.

In the with the U.S. Attorney for the District of New York called Prosecution Agreement (DPA), the carmaker admits to misleading consumers in 2009 and 2010 by and making deceptive statements two safety-related issues affecting its and Lexus cars. The defect the cars to accelerate unintentionally.

The DPA requires the company to pay the fine, the criminal penalty imposed on a car in U.S. history, through the Marshals Service by March 25.

In for the payment of the fine, the U.S. through the DOJ, defers of Toyota for the fraud for three after which it dismisses the The DPA is still subject to approval by a judge.

In a statement announcing the settlement, Attorney General Eric said Toyota failed in its to quickly inform consumers the safety issues of its cars and did not fix the quickly. He warned other car not to repeat Toyota’s mistake.

stands charged with a offense because it cared about savings than and more about its own brand and line than the truth,” Preet Bharara, U.S. for the Southern District of New York. “In its to stanch bad publicity in 2009 and Toyota misled regulators, customers, and even misstated the to Congress. The tens of millions of in America have an absolute to expect that the companies their cars are not lying serious safety issues; are not safety fixes; and are not playing with their lives.”

Toyota Fine-S

The fraud charge stemmed 2007 reports alleging acceleration in Toyota and Lexus Toyota investigated and identified the but did not disclose its findings to the National Traffic Safety Administration The agency’s own investigation into the found the defect in a Lexus and other Toyota and Lexus but the company denied that a to repair throttle pedal was Instead, Toyota recalled the mats.


Toyota engineers made a fix to the problem in 2007 but did not apply it in the of existing models. On Aug. 28, a family of four traveling in a ES350 were killed in a in San Diego, California. The mat entrapped the at full throttle causing the car to speed for more than 100 per hour and crash.

Toyota’s 2009 notice to the said it addressed the floormat problem with a limited recall of eight models. the company announced it had fixed the

TOYOTA also hid from the sticky pedal defect also caused unintended in its Camry, Matrix, Corolla, and models. The accelerator pedal has a material inside that it to get stuck in a partially depressed

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