Toyota Settles for Record $1.1B Over Defects

Car company has recalled over 14M risky vehicles

By Newser Editors and Wire Services

Posted Dec 26, 2012 4:00 PM CST

(Newser) – A plaintiffs' attorney says Toyota Motor Corp. has reached a settlement in a case involving hundreds of lawsuits over accelerations problems. Steve Berman said today the settlement, which still needs a federal judge's approval, was worth more than $1 billion and is the largest...   Read full story »


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