US announces $1.2B settlement with Toyota, files criminal charge for 'misleading statements'

  • Article by: ERIC TUCKER , Associated Press
  • Updated: March 19, 2014 - 5:30 PM

WASHINGTON — Toyota agreed to pay $1.2 billion to settle an investigation by the U.S. government, admitting that it hid information about defects that caused Toyota and Lexus vehicles to accelerate unexpectedly and resulted in injuries and deaths.

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