Tag: Safety Recall
Toyota to shell out a billion to settle recall claims
On behalf of Terence Gross of Gross & Schuster, P.A. posted in Injuries and Fatalities on Thursday, December 27, 2012. The hits just keep on coming for Toyota. Hits against the company's bank account, that is. The automaker will shell out more than $1.1 billion to settle claims over unintended acceleration in several models and…
Record fine against Toyota a balance sheet rounding error
On behalf of Terence Gross of Gross & Schuster, P.A. posted in Car Accidents on Wednesday, December 19, 2012. The National Highway Traffic Safety Administration has decided to play hardball with the Toyota Motor Corp. by slapping the company with a record fine for safety violations. The carmaker will pay $17.2 million for delaying a…