Home » Posts tagged with "Akio Toyoda"
Toyota to pay $1.1bn to settle safety lawsuit, as it seeks to regain goodwill
Toyota, the third largest carmaker in the US market, has settled a US lawsuit that blames the company for defects in the speed control system in its vehicles. The class action has been the biggest safety crisis in the Japanese company’s history.
The key accusation is that millions of Toyota cars accelerate unintentionally, with the proposed settlement set to cover economic losses from possible safety...