Toyota Motor Corp will pay $1.2 billion to resolve a criminal probe into the way in which they handled consumer complaints regarding safety issues, the U.S. Justice Department said Wednesday.
It is “the largest criminal penalty imposed on a...
Toyota and Lexus Announce Another Recall
Japanese automobile giant, Toyota, announced a voluntary recall last week of approximately 87,000 Prius models from 2010, as well as Lexus HS 250h units. The recall is due to a flaw in the brake system, which could allow nitrogen gas to...
Toyota Talks About Settling Sudden-Acceleration Lawsuits
Toyota Motor Corp. has been having open talks to settle hundreds of state and federal lawsuits alleging that defects caused its vehicles to accelerate suddenly and crash, resulting in serious injuries and deaths.
The decision to enter what the...