Toyota Set to Pay $1 Billion in U.S. Probe

Written By The USA Links on Tuesday, 18 March 2014 | 23:58


WSJ.com: US Business

Toyota Set to Pay $1 Billion in U.S. Probe

Updated March 18, 2014 10:41 p.m. ET


The Justice Department is expected to announce a settlement with Toyota Motor Corp. as early as Wednesday that could cost the auto maker more than $1 billion to end a criminal probe into its disclosure of safety issues, people familiar with the matter said.


The deal would cap a four-year investigation with one of the largest fines ever imposed on an auto maker.


It is expected to include a deferred prosecution agreement which...





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