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Toyota plans to pay $180 million to settle US probe

The US Attorney's Office in Manhattan is set to announce the settlement later on Thursday, the sources said, that will include a consent decree

twitter-logoReuters | January 15, 2021 | Updated 10:34 IST
Toyota plans to pay $180 million to settle US probe

Toyota Motor Corp will settle a Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, sources briefed on the matter said.

The US Attorney's Office in Manhattan is set to announce the settlement later on Thursday, the sources said, that will include a consent decree. Toyota first disclosed in 2016 it was under investigation for the delayed reports to the Environmental Protection Agency. Toyota and the Justice Department did not immediately comment.

Also read: Tesla incorporates firm in Bengaluru with 3 directors, scouts for land

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