Toyota Pays $10 Million Settlement in Fatal Crash

The fatal accident involving a Lexus and a California Highway Patrolman that launched an investigation into claims of unintended acceleration has been settled for $10 million, The Associated Press reported today.

The agreement was actually reached in September, but the amount was released recently by a lawyer for the Lexus dealership from which the loaner vehicle originated. The documents in the settlement, including the cash amount, had been sealed from the public. The family of the four people killed in the 2009 crash has not reached a similar agreement with the dealership in question. Toyota does not admit or deny any liability in the settlement.
 
Ten-million dollars is a large sum of money, but the damage done to Toyota since the accident is in the billions in terms of the cost of the recalls themselves and the damage to the brand.
 
Lawyer: Toyota to Pay $10 Million in Lexus Lawsuit (The Associated Press)

Comments

Of all the allegations Toyota could have ended up actually having to put money toward, it's the one that by all accounts was caused by a Lexus dealer putting the wrong mats in its loaner car.

Hey, keep on acting stupid, and your family could end up striking it rich!

Televised scenes of that "superior" automobile,the Lexus crashed and burnt to a crisp turned many people away from the parent brand.In todays technological day and age,this shouldnt happen.No GM fan,but at least with On Star the engine could have been shut down remotely.

Lexus is a superior car. It was the driver who didn't think of putting the car in neutral. It's a shame those folks died however the entire accident could have easily been avoided.

Dave,
I totally agree with that. The fact that he was a California Highway Trooper makes it more ironic! You would think that they had enough training on how to control their vehicle.

OK guys, keep making excuses for Toyota, the most greediest car company on the planet.