Toyota: fine of $ 1.2 billion for security problems

Toyota: fine of $ 1.2 billion for security problems

Toyota will pay 1.2 billion dollars to end a criminal investigation into how consumer complaints handled by security issues. According to the Department of Justice of the United States on Wednesday (19), Toyota admitted that eluded American consumers by making misleading statements and omitting about two security issues, and each one of them caused a kind of unintended acceleration, said Department of Justice.

The agreement ends the investigation started four years ago by the U.S., authorities already after the beginning of the recall of several models of Toyota and Lexus process.

"My hope and expectation is that this resolution will serve as a model for how to approach future cases involving companies in a similar situation," U.S. Attorney General Eric Holder told a news conference on Wednesday. The deal was led by the same prosecutors who are investigating the GM, because of problems in the ignition cylinder.

Toyota still faces hundreds of lawsuits on the problems of unintended acceleration.

Read more automotive news

Daimler and Nissan-Renault Group are partnering to manufacture in Mexico

Nissan and Daimler groups announced plans for a joint venture in Mexico with equal stakes to produce models of the Infiniti and Mercedes-Benz.

Volvo Concept can produce the Estate in 2015

The Volvo was already thinking about the new successor to the V70, and it should be the Estate Concept, a concept that was shown at the Geneva Salons and Frankfurt.

Geneva displays bolides of Le Mans

Speed ??lovers have one more reason to visit the Geneva Motor Show in Switzerland. This year's event brings an exhibition of cars most memorable running of the 24 Hours of Le Mans, more traditional test of endurance of motorsport.

95% of customers are Rolls-Royce customization

Synonymous with high luxury and refinement, the Rolls-Royce cars are far from cheap. Even so, your buyers do not mind spending a little more to let the models exactly the way they want.

BMW can resume film series

The BMW is ready to resume his Film Series soon. Speaking at the Ad Age site, Trudy Hardy, vice president of Marketing automaker in North America, confirmed the desire, but gave no hints about the format of the new movies.

USA: Chrysler recall summons RAM ProMaster

Chrysler announced on Friday (7) call for a recall of 9,655 units of RAM ProMaster in the United States, all of the model 2014.

Rolls-Royce Phantom Drophead Coupe launch Bespoke Waterspeed

Rolls-Royce announced plans to offer a limited edition called Phantom Drophead Coupe Waterspeed Bespoke Collection. The production model will be limited to 35 units.

Ferrari announces the release date of 149M

Ferrari confirmed for February 12 launch of the 149M, fully revised version of California. Seen in testing on the track at Fiorano of the brand, the model has not yet had its engine revealed, but it's 3.8 liter V8 engine, same used in the Maserati Quattroporte, 523 horsepower is estimated.

Hyundai makes the Genesis Coupe facelift discrete

Hyundai also guarantees certain survival to the current Genesis Coupe model will gain a new generation soon. On Wednesday (29), the automaker revealed a slight facelift coupe, which arrives at U.S. dealers for U.S. $ 26,350.

Toyota promises innovations for the next Prius

Toyota sees many innovations for the next generation Prius, due for release in 2015. According to the Automotive News website, the Japanese automaker promises an avant-garde style in design, technology and production.