TV News LIES

Monday, Oct 23rd

Last update05:20:13 AM GMT

You are here News Of Special Interest U.S. says Toyota to pay $1.2 billion over safety issues

U.S. says Toyota to pay $1.2 billion over safety issues

E-mail Print PDF

ToyotaToyota Motor Corp will pay a record $1.2 billion to resolve a criminal investigation 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 about two safety issues, each of which caused a type of unintended acceleration, the Justice Department said.

It is the largest such penalty levied by the United States on an auto company, officials said.

Prosecutors filed criminal charges against the company but agreed to defer and drop them if the company allows an independent monitor to review its safety practices and if it abides by the terms of the deal.

Toyota is "effectively on probation for three years," U.S. Attorney Preet Bharara, whose office conducted the investigation, said at a press conference announcing the settlement.

More...


Most Recent Related Stories...


Twitter Erased Data Potentially Crucial to Russia Probes

Twitter erased data important to Russia probe Twitter has deleted tweets and other user data of potentially irreplaceable value to investigators probing Russia’s...

How far-right trolls named the wrong man as the Las Vegas shooter

Far roght tolls blame wrong man for Las Vegas massacreGeary Danley was not the gunman in Las Vegas who killed at least 50 people late...

EPA's climate rule withdrawal will include big changes to cost calculations

EPA's climate rule withdrawl affects cost calculations The Trump administration will consider fundamentally limiting the way the federal government counts benefits from curbing...

Rights groups urge Egypt to halt crackdown on homosexuals

Egypt cracks down on gaysTwo international rights groups are calling on Egyptian authorities to halt their crackdown on people suspected...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!