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Toyota $1.2 Billion Settlement – Various Aspects

One cause of car accidents that seems to be receiving increased recognition is that of defective car design. While unintended acceleration has perhaps been the most notable alleged example of defective car design, there are many other car engineering defects that have existed over the years. Wrongful death lawsuits have been filed over many of the fatal accidents involving allegedly defective cars.

The Wall Street Journal published an article on March 20, 2014, titled “Toyota Penalty Sends Signal to GM.” This article discusses various aspects regarding Toyota’s $1.2 Billion settlement.

Three notable excerpts from the article:

The penalty is the largest to date against an auto maker and ends a four-year criminal probe into Toyota’s efforts to conceal and play down safety issues before government regulators and consumers. In 2010, a government regulator found that those safety issues had caused at least five deaths.


also:

A 12-page statement of facts, accepted by Toyota and the government, said Toyota produced and distributed vehicles even after its own internal investigations had exposed safety issues. Toyota concealed a pair of safety issues that were causing some cars to accelerate uncontrollably dating to 2007, it said. That is when Toyota and the National Highway Traffic Safety Administration opened investigations into a series of reports of unintended acceleration in certain Toyota and Lexus models, according to the statement of facts.

also:

Toyota has disputed claims by plaintiffs’ attorneys that its vehicles are defective, arguing that misplaced floor mats trapped the accelerator pedal in some cases. It hasn’t admitted wrongdoing in any of the lawsuits brought against the company involving unintended acceleration and has consistently denied any electronic throttle defects.

Additional details can be found in the Wall Street Journal article mentioned above.

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Should you be involved in a vehicle accident, there are certain actions you should take in order to protect your rights. Elman Law Group has compiled a reference document titled “10 Steps You Should Follow After an Auto Accident.”
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Elman Law Group LLC (ElmanLaw.com) concentrates in Personal Injury and Wrongful Death cases involving vehicle accidents (car, motorcycle, bike, bus, pedestrian, truck, etc.) This intense focus allows us to consistently achieve winning verdicts and settlements for our clients.

Should you be involved in a car accident, there are certain actions you should take in order to protect your rights. You should not assume – especially without proper legal representation – that you will receive appropriate compensation for your injuries, hardships and/or losses. To speak directly with a trial lawyer from Elman Law Group immediately, call (773) 392-8182 at any time. There is no fee for this consultation.