Why have no criminal charges been brought against Toyota executives who covered up deadly safety defects that caused sudden-acceleration accidents, taking an untold number of lives? The company has admitted it deceived consumers and regulators. According to the FBI: “Toyota put sales over safety, and profit over principle. The disregard Toyota had for the safety of the public was outrageous. Not only did Toyota fail to recall cars with problem parts, they continued to manufacture new cars with the same parts they knew were deadly.”
Headline: Toyota admits deceiving consumers; $1.2-billion penalty is record
In a landmark settlement of criminal charges, Toyota Motor Corp. admitted deceiving regulators about deadly safety defects and agreed to pay $1.2 billion, the largest penalty ever imposed on an automaker.
Read the story: www.latimes.com