New YORK: Toyota Motor Corp reached a deal on Friday to resolve a lawsuit in the United States over unintended acceleration issues, one day after a jury found the Japanese carmaker liable and ordered it to pay $3m for defects that caused a 2007 fatal crash.
The lawsuit is one of the first involving acceleration issues to go to trial since similar concerns prompted Toyota to begin in 2009 to recall millions of vehicles. The lawsuit alleged that software defects in the electronic throttle control system of Bookout’s 2005 Camry caused it to speed out of control and crash, killing Schwarz.
“While we strongly disagree with the verdict, we are satisfied that the parties reached a mutually acceptable agreement to settle this case,” Toyota spokeswoman Carly Schaffner said. Reuters
