JavaScript is off. Please enable to view full site.

Toyota to pay US $1.2 billion over accelerator problems

Toyota to pay US $1.2 billion over accelerator problems

Wednesday, March 19, 2014, 22:15 GMT+7

Toyota Motor Corp. will pay $1.2 billion to settle US accusations that it sought to cover up an accelerator problem in Toyota and Lexus vehicles tied to numerous accidents and deaths.

The US Justice Department said the Japanese auto maker admitted to misleading regulators and the public about the safety problems in its cars in 2009 and 2010.

"Rather than promptly disclosing and correcting safety issues about which they were aware, Toyota made misleading public statements to consumers and gave inaccurate facts to members of Congress," said Attorney General Eric Holder.

"When car owners get behind the wheel, they have a right to expect that their vehicle is safe."

Holder warned other car companies to "not repeat Toyota's mistake."

"A recall may damage a company's reputation, but deceiving your customers makes that damage far more lasting," he said.

The Toyota settlement came as General Motors faces investigations for taking more than 10 years to address an ignition problem that is linked to more than 30 crashes and 12 deaths.

AFP

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news