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Toyota Motor Corp. will pay $1.2B to settle acceleration probe.

Authors :
Hilliard, John
Source :
Christian Science Monitor. 3/19/2014, pN.PAG-N.PAG. 1p.
Publication Year :
2014

Abstract

Toyota Motor Corp. will pay $1.2 billion as part of a settlement deal to avoid facing a criminal charge stemming from its handling of a 2009-2010 recall involving millions of vehicles, the US Justice Department announced Wednesday. The financial penalty is the largest of its kind ever imposed on an automaker, according to US Attorney General Eric Holder. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
08827729
Database :
Academic Search Index
Journal :
Christian Science Monitor
Publication Type :
News
Accession number :
95089075