WASHINGTON (AP) — The U.S. has reached a $1.2 billion settlement with Toyota Motor Corp. and filed a criminal charge alleging the Japanese automaker defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles. Under the agreement, announced Wednesday by U.S. Attorney General Eric Holder, the company will admit that it […]
In this Nov. 5, 2010 file photo released by the Utah Highway Patrol, a Toyota Camry is shown after it crashed as it exited Interstate 80 in Wendover, Utah. Police suspect problems with the Camry’s accelerator or floor mat caused the crash that left two people dead and two others injured. The Wall Street Journal is reporting Wednesday March 19, 2014 the U.S. Justice Department may reach a $ 1 billion settlement with Toyota Motor Corp., ending a four-year criminal investigation into the Japanese automaker’s disclosure of safety problems. (AP Photo/Utah Highway Patrol, File)
WASHINGTON (AP) — The U.S. has reached a $1.2 billion settlement with Toyota Motor Corp. and filed a criminal charge alleging the Japanese automaker defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles.
Under the agreement, announced Wednesday by U.S. Attorney General Eric Holder, the company will admit that it misled U.S. consumers by making deceptive statements about two safety issues affecting its vehicles. As a result, Toyota will pay a $1.2 billion financial penalty under a “deferred prosecution agreement.”
It is the largest penalty of its kind imposed on an automotive company by the U.S., Holder said.
Think about who gets rich off of the Venezuela regime-change agenda. It’s the same people that said we had to invade Iraq in order to prevent nuclear apocalypse. It’s the same people who said the world would stop turning on its axis if we didn’t carpet bomb Libya and Syria.
Watch: From Colombia and Brazil, Kei Pritsker on the decades of US meddling in South America that preceded the ongoing coup in Venezuela.
Kei Pritsker breaks down the nature of US humanitarian aid and how it’s weaponized to advance foreign policy objectives.
Kei Pritsker explains how Venezuelan opposition leader Juan Guaido came to have the backing of US corporations, political interests and ultimately, the Trump administration.
