NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
Some of us will recall threads from a couple of years ago over the alleged problem of some Toyota cars accelerating uncontrollably. Here's the follow-up.
US Files Charge Against Toyota, $1.2B Penalty - ABC News
Some excerpts:
The news release makes it sound like the $1.2B fine agreement does not cover the criminal charge that is still coming.
US Files Charge Against Toyota, $1.2B Penalty - ABC News
Some excerpts:
The U.S. government announced a $1.2 billion settlement with Toyota Motor Corp. on Wednesday and filed a criminal charge alleging the company defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles. The penalty is the largest of its kind ever imposed on an auto company, the Justice Department said.
...
Toyota knew at the time that other models susceptible to the same acceleration problem had not been recalled and also took steps to conceal a separate acceleration problem related to a faulty pedal, according to the Justice Department.
...
Toyota knew at the time that other models susceptible to the same acceleration problem had not been recalled and also took steps to conceal a separate acceleration problem related to a faulty pedal, according to the Justice Department.
The news release makes it sound like the $1.2B fine agreement does not cover the criminal charge that is still coming.