TV News LIES

Friday, Aug 22nd

Last update04:44:45 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...


Supreme Court case to shape Ferguson investigation

SCThe moment Ferguson, Missouri, police officer Darren Wilson shot an unarmed teenager, a 25-year-old Supreme Court...

3 relatives of Pope Francis killed in car accident

Pope FramcisThree relatives of Pope Francis were killed early Tuesday when a car driven by the pontiff's...

Navy ousts 34 sailors for cheating at nuclear power training site

Admiral John RichardsonThe Navy tells The Associated Press that at least 34 sailors are being kicked out of...

100,000 Elephants Killed In 3 Years As Poaching Rates Climb In Africa, Study Finds

elephantPoachers killed an estimated 100,000 elephants across Africa between 2010 and 2012, a huge spike in...
 
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!