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Toyota Hit With $1.2B Recall Fine; How Will It Affect Shoppers, Owners?
Bengt Halvorson By Bengt Halvorson

Toyota Hit With $1.2B Recall Fine; How Will It Affect Shoppers, Owners?

03/21/2014

For a whopping $1.2 billion, Toyota Motor Co. agreed earlier this week to settle a federal criminal probe concerning its statements during the unintended-acceleration-related recalls of Toyota and Lexus vehicles four years ago. The penalty is the largest one ever imposed on an automaker. But as a...

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