Toyota payment could be glimpse into GM’s future

By Tom Krisher

Published March 20, 2014 5:48am ET

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Toyota payment could be glimpse into GM’s future — DETROIT (AP) — General Motors, beware. Wednesday’s announcement that Toyota will pay $1.2 billion to avoid criminal prosecution for hiding information in a recall case could be a glimpse into your future. It’s also a warning to anyone selling cars in the U.S.: Although the federal government’s road-safety watchdog doesn’t have big fangs, the Justice […]

DETROIT (AP) — General Motors, beware.

Wednesday’s announcement that Toyota will pay $1.2 billion to avoid criminal prosecution for hiding information in a recall case could be a glimpse into your future. It’s also a warning to anyone selling cars in the U.S.: Although the federal government’s road-safety watchdog doesn’t have big fangs, the Justice Department does.

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Auto Industry Auto Safety Business Cars General Motors Law News Recalls Settlements