Toyota to pay $1.2 billion settlement
 

Toyota has settled with the Justice Dept. for 1.2b dollars over its deception
with regards to the acceleration problem.

http://america.aljazeera.com/article...arbillion.html

That's a huge settlement. A lot of people were killed by those stuck gas pedals. :(

One thing I don't like about these fed law suits is they collect the big bucks and the victims get nothing.

Like all the banks they sue for mortgage fraud and the likes.

That doesn't mean that Toyota didn't deserve the judgment.

Yes this is a significant fine.

Toyota has been cruising until the Oklahoma case in which the jury believed an expert pointing to faulty electronics.

Yup. And the cost will be passed on to future consumers.

Not if they don't buy Toyotas ;)

Pete

I'm stunned most folks can even afford a new car these days.

BTW there are a new set of youngsters who are not interested into cars and not even bother to get a license.

They move into urban areas with reasonable public transport and ride bicycles.

According to Pete, every college kid can.