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See Taylor Swift's disgusted reaction to Justin Bieber-Selena Gomez backstage kiss
NEW YORK, Dec. 26 (UPI) -- Japanese auto giant Toyota Motors has announced a settlement of $1.1 billion in a class-action lawsuit over sudden-acceleration problems in some of its cars.
The company agreed to set up two $250 million funds, CNN reported.
One would be used to compensate Toyota owners who sold their cars between Sept. 1, 2009, and Dec. 31, 2010, compensating them for the loss in resale value of Toyota cars. The other would go to Toyota owners with cars not eligible for brake-override systems.
The balance of the money would be used for a 10-year customer care plan.
Toyota's reputation for quality took a heavy hit with reports of unintended sudden acceleration. Problems have continued with more than 10 million vehicles around the world recalled this year.
The company still faces lawsuits over injuries and deaths from crashes blamed on sudden acceleration.
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| Additional U.S. News Stories | |
NEW YORK, May 21 (UPI) --
Former first daughter Caroline Kennedy served on a New York jury that acquitted a Harlem man of selling drugs to an undercover police officer.
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NAPLES, Fla., May 21 (UPI) --
The 44-year-old daughter of broadcast journalist Barbara Walters has been arrested for allegedly driving under the influence of alcohol, Florida police said.
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STOCKHOLM, Sweden, May 21 (UPI) --
Police in Sweden said they have arrested former Saab Automobile chief executive officer Jan Ake Jonsson on suspicion of concealing funds from tax authorities.
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DAKAR, Senegal, May 21 (UPI) --
A California couple taking a trip to Dakar, Senegal, said Turkish Airlines instead sent them nearly 7,000 miles off-course to Dhaka, Bangladesh.
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