Toyota settles for $3M after being found liable in sudden acceleration case

Toyota settles for $3M after being found liable in sudden acceleration case

October 26, 2013 by · Leave a Comment 

Filed under: Government/Legal , Safety , Toyota , Earnings/Financials A jury has decided that faulty software was to blame for a crash involving a 2005 Toyota Camry that killed one woman and injured another. This is the first time Toyota has been found liable by a jury in a lawsuit involving sudden acceleration claims. Toyota has maintained that driver error is the most likely cause for cases of sudden acceleration. Shortly after the jury in the case, which took place in Oklahoma and centered around a crash that injured 76-year-old Jean Bookout and killed her passenger, Barbara Schwarz, reached a verdict that would see Toyota paying $3 million in compensatory damages, a confidential settlement was reached. The jury, which had found Toyota liable for “reckless disregard” for public safety, had yet to decide what punitive damages Toyota would face. Toyota said in a statement, “While we strongly disagree with the verdict, we are satisfied that the parties reached a mutually acceptable agreement to settle this case. We will continue to defend our products vigorously at trial in other legal venues.” This verdict could have widespread implications for several more cases that have yet to be heard in court where lawyers are expected to argue that software was to blame for sudden acceleration in Toyota vehicles. These cases fall into a different legal category than the ones Toyota settled for $1.4 billion earlier this year. Toyota’s brief statement can be found below . Continue reading Toyota settles for $3M after being found liable in sudden acceleration case Toyota settles for $3M after being found liable in sudden acceleration case originally appeared on Autoblog on Sat, 26 Oct 2013 09:55:00 EST.

European Car of the Year finalists announced

European Car of the Year finalists announced

December 22, 2012 by · Leave a Comment 

Filed under: Europe , Ford , Hyundai , Mercedes-Benz , Subaru , Toyota , Volkswagen , Volvo , Renault , Peugeot Electric cars may have won the European Car of the Year award two years in a row now ( Opel Ampera in 2012, and Nissan Leaf in 2011), we can say without reservation that the 2013 ECotY will be a petrol-burning, internal combustionizer. That’s because not a single electric vehicle made it to the contest’s final round. But eight other cars did. At the top of the alphabetical list is Ford’s Fiesta -based, B-Max MPV. Five doors, good ride and fuel-efficient, award-winning engine choices are some of the reasons it makes the list. Next is the Hyundai i30 , known as the Elantra GT Stateside , with either five or three doors, a roomy cabin and a 1.6-liter CRDi engine. The nominating committee commends the handsome hatch for improved exterior aesthetics and a multilink suspension that “shows in ride and handling.” Mercedes gets the next spot with its hot hatch: the turbocharged A-Class , followed by another hatch, the Peugeot 208 . The next finalist is from another marque we haven’t seen in the States for quite some time – the fourth-generation Renault Clio , followed by the Subaru / Toyota dynamic duo of BRZ and the GT86 . The last two contenders are the all-new Volkswagen Golf and the svelte Volvo V40 . The European Car of the Year will be announced in early March after the jury has tallied its votes.

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