Toyota settlement News

Toyota Reaches $1B Settlement with U.S. Over Acceleration Complaints

Toyota Motor Corp. will pay $1.2 billion to resolve a criminal probe into its handling of consumer complaints over safety issues, the U.S. Justice Department said on Wednesday. Toyota admitted it misled American consumers by concealing and making deceptive statements …

Toyota Claimants Not Part of $1.1 Billion Settlement Face Uphill Climb

Toyota Motor Corp. eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company’s …

Toyota to Settle Acceleration Cases for $1.1 Billion

Toyota Motor Corp. has agreed to spend $1.1 billion to settle sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker seeks to move past the biggest safety crisis in its history. Shares …