Toyota Completes Oversight Tied to Fed Settlement
Toyota Motor North America's headquarters in Plano, Texas. Photo courtesy of Toyota.
Monday, Aug. 7, marked the end of Toyota’s three-year period of oversight by an independent monitor — a key requirement of the automaker’s $1.2 billion settlement with the federal government arising from allegations that the company misled the public about unintended acceleration problems in 2009 and 2010.
The U.S. Justice Department responded on Aug. 8 by filing a request in federal court to dismiss a criminal charge against Toyota, Reuters reported. This development likely signals an end to Toyota’s legal issues tied to the unintended-acceleration scandal and the resulting deferred-prosecution agreement with the federal government.
As part of the deferred-prosecution agreement made in 2014, Toyota admitted that it “misled U.S. consumers by concealing and making deceptive statements about two safety related issues affecting its vehicles, each of which caused a type of unintended acceleration.”