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Wednesday, May 23, 2018
federal probe

Toyota To Pay $1.2 Billion Federal Fine To Settle Acceleration Probe

By Jerry Hirsch, Los Angeles Times Toyota Motor Corp. has agreed to pay a $1.2 billion fine to settle a four-year federal criminal investigation into whether it properly reported safety complaints about the sudden acceleration of its vehicles to regulators. It is the largest penalty of its kind ever imposed on an automotive company, U.S. […]

March 19, 2014