Toyota will spend a minimum of 1.1 billion USD to settle U.S. lawsuits and other claims resulted after many reports of unintended acceleration.
Toyota will spend a minimum of 1.1 billion USD to settle U.S. lawsuits and other claims resulted after many claims of unintended acceleration.
They will also install new braking override systems in some cars and reimburse owners that were affected financially by these issues. In a statement released by the plaintiffs' lawyers it is mentioned up to 16 million cars are covered in this statement. All components related to unintended acceleration will receive 3- to 10-year warranties. It is estimated that 3.25 million cars are eligible for the brake-override systems.
The NHTSA has given Toyota a 60 million USD fine because they didn't inform U.S. safety regulators in a timely manner about this problem. The Japanese company blamed in many cases the drivers or misuse or misplacement of floor mats.