Toyota (TM) Settles Unintended Acceleration Class Action Suit, Will Take $1.1B Charge

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Toyota (TM) Sees Production Flat in CY13, Global Sales Up 2%

December 27, 2012 7:28 AM EST

Toyota Motors (NYSE: TM) shares are indicated for a higher open amid announcing it would take a $1.1 billion economic charge Wednesday night tied to unintended acceleration litigation.

Today, the venerable automaker disclosed sales and production plans for calendar 2013.

In total,... More