Toyota Announces $1.1 Billion Settlement In Acceleration Recall
Remember last week when Toyota coughed up $17.35 million for "the single highest civil penalty amount ever paid to NHTSA for violations stemming from a recall"? That was chump change compared to Toyota's next payout. In a press release posted yesterday, the world's best-selling automaker has agreed to shell out a staggering $1.1 billion to settle...