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Old 03-19-2014, 09:40 PM
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Dondilion Dondilion is offline
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Toyota to pay $1.2 billion settlement

Toyota has settled with the Justice Dept. for 1.2b dollars over its deception
with regards to the acceleration problem.

http://america.aljazeera.com/article...arbillion.html
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  #2  
Old 03-19-2014, 10:07 PM
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That's a huge settlement. A lot of people were killed by those stuck gas pedals.
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Old 03-19-2014, 10:25 PM
4-2-7 4-2-7 is offline
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One thing I don't like about these fed law suits is they collect the big bucks and the victims get nothing.

Like all the banks they sue for mortgage fraud and the likes.

That doesn't mean that Toyota didn't deserve the judgment.
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Old 03-19-2014, 10:34 PM
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Dondilion Dondilion is offline
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Quote:
Originally Posted by bobabode View Post
That's a huge settlement. A lot of people were killed by those stuck gas pedals.
Yes this is a significant fine.

Toyota has been cruising until the Oklahoma case in which the jury believed an expert pointing to faulty electronics.
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Old 04-23-2014, 10:31 AM
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https://www.youtube.com/watch?v=l5EY8oXamoM
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Old 04-23-2014, 11:08 AM
MrPots MrPots is offline
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Quote:
Originally Posted by 4-2-7 View Post
One thing I don't like about these fed law suits is they collect the big bucks and the victims get nothing.

Like all the banks they sue for mortgage fraud and the likes.

That doesn't mean that Toyota didn't deserve the judgment.
Yup. And the cost will be passed on to future consumers.
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Old 04-23-2014, 11:11 AM
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Not if they don't buy Toyotas

Pete
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Old 04-23-2014, 11:22 AM
MrPots MrPots is offline
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I'm stunned most folks can even afford a new car these days.
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Old 04-23-2014, 11:48 AM
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Dondilion Dondilion is offline
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BTW there are a new set of youngsters who are not interested into cars and not even bother to get a license.

They move into urban areas with reasonable public transport and ride bicycles.
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Old 04-23-2014, 11:50 AM
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Quote:
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I'm stunned most folks can even afford a new car these days.
According to Pete, every college kid can.

Quote:
Originally Posted by piece-itpete View Post
Next time I drive by a college and look at all the new cars in the lot the last thing I'll do is feel sorry for their college debt.

Pete
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