Toyota to Pay $1.2 Billion in Criminal Penalties Over Unintended Acceleration Problems After Investigation Revealed Toyota Concealed Information and Misled Consumers

Last week, the Justice Department announced that Toyota will pay $1.2 billion to settle the criminal probe over Toyota’s handling of unintended acceleration problems that began in 2009.  After 8.1 million Toyota vehicles were recalled for this dangerous defect, Toyota will now pay the largest U.S. criminal penalty ever imposed on a car company.  The [...]