Submission Summary: 0 pending, 50 declined, 13 accepted (63 total, 20.63% accepted)
Under the agreement, announced Wednesday by U.S. Attorney General Eric Holder, the company will admit that it misled U.S. consumers by making deceptive statements about two safety issues affecting its vehicles. As a result, Toyota will pay a $1.2-billion financial penalty under a "deferred prosecution agreement."
The article also said, "the payments are unlikely to hurt Toyota's finances much." It seems even if the government has decided to punish Toyota, the consumer hasn't.
CCI Power 6/40: one board, a megabyte of cache, and an attitude...