
Toyota Motor Corp. said it reached a $29 million settlement with 29 U.S. states and one territory regarding inadequate safety information practices. The settlement involves 29 states and American Samoa, which took the company to court for failing to disclose important safety information. Prosecutors also said there were communication problems between Toyota's offices in Japan and in the United States, the Los Angeles Times reported Thursday. Toyota has recently reached a $1.1 billion settlement agreement to take care of claims from car owners that uncontrolled acceleration problems, which prompted recalls of more than 10 million vehicles, had depressed the resale value of its cars. The company also faces approximately 300 additional wrongful death and injury lawsuits involving the uncontrolled acceleration problems, which sparked recalls beginning in late 2009. Toyota has settled one wrongful death suit for $10 million. That case involved a 2007 Lexus ES in an accident that killed four people. That case was settled in 2010. In addition to the monetary penalty in the case settled Thursday, Toyota has agreed to be more forthcoming on information that concerns safety issues and to continue a rapid-response program to help drivers when safety-oriented issues arise.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor