Toyota Motor Corp. will pay $1.2B to settle acceleration probe (+video)…

13 Фев 2015 | Author: | No comments yet »
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Toyota Motor Corp. pay $1.2B to settle acceleration (+video)

Toyota (TM) has to a $1.2 billion settlement its handling of acceleration issues in and Lexus vehicles, the US Justice announced Wednesday. Toyota admitted that it misled US about safety issues its vehicles.

As part of the agreement, admitted that it misled US by concealing and making deceptive about two safety issues its vehicles which could cause unintentional acceleration on the road, the agency said.

than promptly disclosing and safety issues about they were aware, made misleading public to consumers and gave inaccurate to Members of Congress,” Mr. Holder in a statement. “When car owners get the wheel, they have a to expect that their is safe. If any part of the automobile out to have safety issues, the car has a duty to be upfront about to fix them quickly, and to immediately the truth about the problem and its Toyota violated that compact. Other car companies not repeat Toyota’s mistake: a may damage a company’s reputation, but

deceiving your customers that damage far more

The company faced one charge of fraud, and if Toyota abides by the terms, the Justice Department seek to drop the charge three years. The agency the settlement was the largest of its kind on an automaker.

The settlement comes an Oklahoma jury came with a $3 million verdict Toyota in October. In that the jury awarded $1.5 to family of a woman killed in a crash involving a Toyota went out of control, plus an $1.5 million to a survivor of same crash.

The National Highway Traffic Administration first began its into Toyotas that due to stuck gas pedals in 2007, lawmakers at congressional investigations Toyota leadership on its handling of the

Federal investigators traced the were traced back to defects, including accelerator that could get stuck, as as floor mats that trap the pedals, according to the US of Transportation in 2011.

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Starting in 2009, Toyota nearly 8 million vehicles due to the flaws and paid millions of in civil fines.

The Justice settlement comes weeks American automaker General launched a much-publicized recall about 1.6 million of its own vehicles, have a flaw that cut power while the vehicles are driven.

Toyota also to pay out a separate $1.2 billion to a 2012 class-action suit vehicle owners.

The Justice announcement comes on the heels of large-scale recall for the world’s automaker. Last month, the recalled about 1.9 million of its Prius hybrids sold in the US, and Europe due to a software problem can damage equipment and “in rare cause the vehicle to lose while it’s being according to Toyota.

An additional 260,000 vehicles are recalled for a problem that can their vehicle stability anti-lock braking and traction systems, the company said. The vehicles — the 2012 RAV4, Tacoma and the 2012-2013 Lexus RX 350 — sold in the US.

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