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Toyota Near $1 Billion Settlement On Acceleration Claims
- Automotive News, Monday, February 10, 2014 8:02 AM
Toyota is close to a deal to pay $1 billion to settle a U.S. criminal investigation into how it disclosed customers' complaints about unintended acceleration four years back. Sources say Toyota could reach a deal with U.S. authorities soon. Reportedly, prosecutors are studying whether Toyota made false or incomplete disclosures to U.S. regulators about possible car defects.
