Toyota to pay $1.2 billion over unitended acceleration.

[MicaelS]

http://www.nydailynews.com/news/national/toyota-agrees-pay-1-2-billion-criminal-charges-article-1.1726602

http://www.usatoday.com/videos/money/business/2014/03/19/6606731/

http://www.cnn.com/2014/03/18/us/toyota-settlement/

The Justice Department is set to announce as soon as Wednesday a billion-dollar agreement with Toyota to settle a federal probe of the automaker's handling of customer complaints related to unintended acceleration, people familiar with the deal said.

Toyota recalled millions of cars in 2009-10, after years of doing little beyond changing floor mats in response to complaints to federal auto safety regulators about acceleration problems in popular models.

The Toyota agreement comes with Bharara's office just starting to look into a safety issue at General Motors. The FBI, which conducted the Toyota probe, is now gathering evidence on the GM complaints.

GM has recalled 1.6 million vehicles worldwide over an ignition switch problem. GM engineers apparently knew about it years ago but the Detroit automaker did not move to recall vehicles until last month

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One point two billion dollars. And it wasn't floor mats, stuck accelerators or driver error. And how many people died?

But, not one single SOB at Toyota, (or probably GM for their ignition switch flaws) will go to prison for any of this.

[TheCowsCameHome]

1. I wish they'd do the same for my Honda van,

POS that it is.

[Baitball Blogger]

2. I think this is something that has been a problem for a long time.

I had a Celica in the mid 80s that accelerated on me. Scared the hell out of me. I was in heavy commuter traffic and had to put both feet on the brake and was practically leaning off my seat to keep it from ploughing into the car ahead of me.