The Norman Transcript

Headlines

December 27, 2012

Settlement reached in acceleration cases

LOS ANGELES — Toyota Motor Corp. said Wednesday it has reached a settlement worth more than $1 billion in a case involving hundreds of lawsuits over acceleration problems in its vehicles.

The company said in a statement that the deal will resolve cases involving motorists who said the value of their vehicles was adversely affected by previous recalls stemming from sudden acceleration problems.

Lawyer Steve Berman, a plaintiffs’ attorney, said the settlement is the largest settlement in U.S. history involving automobile defects.

The proposed deal was filed Wednesday and must receive the approval of a federal judge.

As part of the settlement, Toyota said it will offer cash payments to eligible customers who sold or turned in their leased vehicles between September 2009 and December 2010.

The Japanese automaker also will launch a program to provide supplemental warranty coverage for certain vehicle components, and it will retrofit additional non-hybrid vehicle models that are subject to a floor mat recall with a free brake override system.

The settlement would also establish additional driver education programs and fund new research into advanced safety technologies.

Toyota has recalled more than 14 million vehicles worldwide due to acceleration problems in several models and brake defects with the Prius hybrid.

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

1
Text Only | Photo Reprints
Headlines
  • Water Reclamation Wastewater upgrade under way

    Norman’s $63 million water reclamation facility upgrade is under way. Once known as a sewer plant, the facility’s moniker reflects the current trend in water reuse and treatment that’s crossing the United States....

    August 1, 2014 1 Photo

  • Okla. City museum shows pigeons in positive light

    OKLAHOMA CITY — It wasn’t long after Lorrie Monteiro started her new gig as curator of the American Pigeon Museum that she started to wonder, “What have I done?” Monteiro had experience working at museums but knew almost nothing about the ...

    August 1, 2014

  • Bicycle Racks Five more bike racks installed downtown

    Public art was installed Thursday along east Main Street in historic downtown Norman. Five colorful art pieces aren’t just for looks. The musical notes, dream catcher, fork and spoon, scissortail flycatcher and a bent arrow also are bike ...

    August 1, 2014 1 Photo

  • Meet the Sooners on Saturday

    Meet the Sooners Day will be Saturday at Gaylord Family Oklahoma Memorial Stadium. The annual, free event kicks off preseason practice and gives University of Oklahoma fans an opportunity to interact with their favorite players and ...

    August 1, 2014

  • OKC man charged with rape

    After being brutally raped and kidnapped for four days, a woman escaped and called 911 last week, which led to charges against an Oklahoma City man. Zohaib Sahibzada Dastgir, 28, was charged with three counts of first-degree rape, two ...

    August 1, 2014

  • One killed when shipping container falls onto vehicle

    OKLAHOMA CITY — Oklahoma City police say one person was killed when a shipping container was knocked from an Oklahoma National Guard vehicle and landed on a pickup truck....

    August 1, 2014

  • Target taps outsider as CEO for shakeup

    NEW YORK — Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers....

    August 1, 2014

  • Parks officials set to fog for mosquitoes in Norman

    Norman parks and recreation officials will fog for mosquitoes Saturday night in northeast Norman....

    August 1, 2014

  • New natural gas plant coming to south central area

    OKLAHOMA CITY — A new plant projected to process 200 million cubic feet of natural gas per day is coming to the Grady/Stephens county area....

    August 1, 2014

  • Motorists should watch for pedestrians

    With another school year approaching, the Norman Police Department wants motorists to be mindful of the increase in pedestrian and vehicle traffic. During the month of August, the Norman Police Department will concentrate resources in the ...

    August 1, 2014