Toyota to enter into $1.2 billion settlement over sudden acceleration issues
A report published by CNN on Wednesday, March 19 revealed that Toyota will pay around $1.2 billion to settle safety issues and for deliberately misleading customers and the government over concerns of sudden acceleration.
According to the agreement between the Justice Department and the Japanese car giant, the government will monitor Toyota while charges against the company are put off for three years. The agreement also included Toyota’s admission of deceiving U.S. authorities who investigated safety issues.
At Ravid & Associates, P.C., our lawyers believe that anyone in Detroit who has been harmed as the result of an unsafe vehicle should be entitled to financial compensation and justice. If you have been the victim of an auto defect, call us at (248) 948-9696 to discuss your situation and options.