Litigation
Dec. 28, 2012
Toyota ends acceleration litigation
Toyota Motor Corp. announced Wednesday it had agreed to pay between $1.2 billion and $1.4 billion to end class action litigation brought by car owners who alleged some of the company's vehicles were subject to unintended acceleration.
See correction below
By Henry Meier
Daily Journal Staff Writer
Toyota Motor Corp. announced Wednesday it had agreed to pay between $1.2 billion and $1.4 billion to end class action litigation brought by car owners who alleged some of the company's vehicles were subject to unintended acceleration.
The deal, which could ultimately cover 16 million Toyota, Lexus and Scion vehicles, is an "extraordinarily good settleme...
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