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Toyota nearing settlement in US investigation
(MENAFN) Toyota Motor Corp. is close to settling a US criminal investigation by paying USD1 billion, The Peninsula Qatar reported
The investigation is for how the company disclosed customers' complaints about unintended acceleration years ago
Prosecutors in the attorney's office are investigating the possibility of disclosures made by Toyota to US regulators being untrue
"Toyota continues to cooperate with the US attorney's office in this matter," Toyota spokeswoman said. "And in the nearly four years since this inquiry began, we've made fundamental changes to become more responsive and customer focused, and we're committed to continue to improve.
The investigation is for how the company disclosed customers' complaints about unintended acceleration years ago
Prosecutors in the attorney's office are investigating the possibility of disclosures made by Toyota to US regulators being untrue
"Toyota continues to cooperate with the US attorney's office in this matter," Toyota spokeswoman said. "And in the nearly four years since this inquiry began, we've made fundamental changes to become more responsive and customer focused, and we're committed to continue to improve.
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