TV News LIES

Tuesday, May 31st

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...


Device used in Nazi coding machine found for sale on eBay

Device used in Nazi coding found on EBayFor codebreakers with the allied forces, it was more important a discovery than the Enigma machine,...

Austria’s Pistol-Packing, Immigrant Bashing Donald Trump Loses

Austia's far right candidate losesAustria narrowly averted what would have been one of the most dangerous electoral decisions since World...

More than 700 refugees feared drowned off Italy coast

700 refugees feared drownedThe UN refugee agency said more than 700 refugees may have drowned in three Mediterranean Sea...

Trump campaign admits it did not raise $6 million for veterans

Trump veteran's eventWhen Donald Trump skipped a GOP debate in January to host a fundraiser for veterans, he...
 
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!