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

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

December 26, 2012 4:30 PM EST

Toyota (NYSE: TM) is looking at some stiff fines as it hopes to settle unintended acceleration claims.

The WSJ is reporting this afternoon that Toyota might pay up to $1.1 billion in an effort to install new safety equipment and reimburse orders of about... More