Navigation Top
AGO Logo Graphic
AGO Header Image
File a Complaint
Contact the AGO
All Consuming
Return to main blog
Toyota doesn't fess up, gets slapped with $1.2 billion fine

Toyota doesn't fess up, gets slapped with $1.2 billion fine

(Cars) Permanent link

The federal government yesterday levied a record $1.2 billion penalty against Toyota for misleading the public and government regulators about the company’s problems with unintended acceleration in its vehicles caused by floor mat and “sticky gas pedal” issues.

The unintended acceleration problems affected nearly 6 million vehicles and resulted in multiple lawsuits—including a 30-state consumer protection lawsuit that resulted in a $29 million settlement in February 2013. The reimbursement program for consumers affected by Toyota’s unintended acceleration program expired in February 2014.

This expensive Public Service Announcement reminds the entire auto industry to address design mistakes, or pay up.

Posted by Alison Dempsey-Hall Blog Moderator at 03/20/2014 05:59:07 PM | 


Leave a comment
Name *
Email *
Homepage
Comment

All comments are reviewed to ensure compliance with our Blog Comment and Use Policy. Comments are generally posted within two business days. Send Feedback
Content Bottom Graphic
AGO Logo