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Wednesday, March 19, 2014 - 10:24am
Toyota reportedly has agreed to Settle a federal investigation of the automaker's handling of complaints about unintended acceleration. The Justice Department could announce the billion dollar agreement as early as Wedesday.
Under the settlement, Toyota is expected to pay about one-billion-dollars and will avoid criminal charges. Toyota recalled millions of cars in 2009 and 2010 after doing little about complaints of acceleration problems for years.