Toyota Agrees to Pay US$1.4 Billion to Settle Unintended Acceleration Lawsuits

In the past 10 years, the U.S. National Highway Traffic Safety Administration has received nearly 3,100 complaints about sudden acceleration issues in Toyota vehicles. Those complaints alleged 93 deaths, but the Administration has confirmed a direct link in just five of them.

The issue made headlines in 2009 after a wrongly installed floor mat on a loaner Lexus ES caused the vehicle to crash, resulting in the death of the driver and his three passengers.

Toyota was forced to recall 7.1 million vehicles in the U.S. and another 5.3 in the rest of the world over the issue and was slapped with US$70 million in fines by the NHTSA as it failed to recall the affected vehicles on time.

Moreover, the Congress conducted its own investigation and even summoned Toyota CEO Akio Toyoda to testify after company documents revealing that the company knew about the problems but didn’t act in order to save money came to light.

On Wednesday, December 26, the Japanese carmaker agreed to settle the resulting lawsuits. Its attorneys said that the settlement is worth between US$1.2-1.4 billion, which makes it the largest-ever in the automotive sector.

Toyota said the money will “cover the estimated costs of the economic loss settlement and possible resolution costs of civil litigation brought in California by the District Attorney of Orange County and an investigation by a multistate group of Attorneys General stemming from previous recalls.”

Apart from paying owners and former owners of its cars, Toyota will also install a brake-override system, which cuts the throttle when it detects simultaneous signals to accelerate and brake, in more than 2.7 million vehicles and extend warranty coverage up to 150,000 miles on 16.3 million vehicles.

Christopher P. Reynolds, group vice president and general counsel of Toyota Motor Sales U.S.A. and chief legal officer of Toyota Motor North America said:

“This agreement marks a significant step forward for our company, one that will enable us to put more of our energy, time and resources into Toyota’s central focus: making the best vehicles we can for our customers and doing everything we can to meet their needs.”

By Andrew Tsaousis

Story References: Detnews



The Mercedes-AMG One Sounds Just Like An Actual F1 Racer!

The Mercedes-AMG One’s powertrain consists of a 1.6-liter turbo V6 coupled to no less than four (!) electric motors.

Someone Created A Tesla Model 3 Low-Rider Because Why Not?

A low-rider electric sedan ain’t something you see on a daily basis, but with the proliferation of EVs, maybe we should get start getting used to it.

Ford Is Reportedly Developing A Focus-Based Ute In Australia

Code-named the P758, it is expected to target the South American market, though it could be sold elsewhere as well.

Hyundai’s Pickup Could Get A Ranger Raptor-Rivaling Variant

A Hyundai pickup with the i30 N’s 2.0-liter turbo four-cylinder and close to 300 HP could be very fun indeed.

This Chevy Camaro Has Turned To The Dark Side, Sith Lords Don’t Approve

Underneath this badly executed body kit, which comes bundled with all sorts of unusual add-ons, lies a sixth-gen Camaro.

V8-Powered Ford Fusion With 450 HP And RWD Is The Closest Thing To A Mustang Sedan

Not content with the stock 325 HP twin-turbo V6, the owner of this saloon fitted a tuned Coyote engine and a 2007 ‘Stang GT500 transmission.

Kevin Hart’s Plymouth Barracuda Crash Investigated By Californian Authorities

The California Highway Patrol may recommend modified cars like Hart’s are fitted with five-point safety harnesses.

2020 Genesis G90 Vs. 2019 Mercedes S-Class: Underdog Takes On Top Dog

The 2020 G90 is fantastic value for money, but is it good enough to take on the luxury segment’s benchmark?.

Here’s a Close Look At The ID.3, Volkswagen’s Most Important New Car In Many Decades

The all-new compact electric hatchback is available in three different battery and electric motor configurations.

Mercedes SL 73 AMG: Rarer Than A Pagani Zonda And The Coolest R129 Of Them All

If you like 1990s AMGs, this SL 73 is the pick of the decade, packing a healthy 525 HP and being made in no more than 50 examples .