Safety Issue

(Photo Credit: CBS)

Toyota Reaches $1.2 Billion Criminal Settlement With Government

It’s the largest criminal penalty ever assessed against an auto manufacturer — $1.2 billion — announced Wednesday morning by Attorney General Eric Holder.

03/19/2014

(Photo by Alex Wong/Getty Images)

U.S. Files Charge Against Toyota & $1.2B Penalty

The government announced a $1.2 billion settlement with Toyota Motor Corp. on Wednesday and filed a criminal charge alleging the company defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles.

03/19/2014

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