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Daily Archives: December 26, 2012

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Toyota Reaches Settlement In Acceleration Recall Cases

Product Safety NewsBy Hank DidierDecember 26, 2012Leave a comment

Toyota Motor Corp. said it has reached a settlement worth more than $1 billion in a case involving unintended acceleration problems in its vehicles. The company said the deal will resolve hundreds of lawsuits from Toyota owners who said the value of their cars and trucks plummeted after a series of recalls stemming from claims…

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