Detroit Racing Forums - View Single Post - Toyota Announces $1.1 Billion Settlement In Acceleration Recall

NewsBot · 12-27-2012, 11:20 AM

Remember last week when Toyota coughed up $17.35 million for "the single highest civil penalty amount ever paid to NHTSA for violations stemming from a recall"? That was chump change compared to Toyota's next payout. In a press release posted yesterday, the world's best-selling automaker has agreed to shell out a staggering $1.1 billion to settle...

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12-27-2012, 11:20 AM	#1
NewsBot Registered User Senior Member Join Date: Jun 2010 Posts: 48,607	Toyota Announces $1.1 Billion Settlement In Acceleration Recall Remember last week when Toyota coughed up $17.35 million for "the single highest civil penalty amount ever paid to NHTSA for violations stemming from a recall"? That was chump change compared to Toyota's next payout. In a press release posted yesterday, the world's best-selling automaker has agreed to shell out a staggering $1.1 billion to settle... More...