Exclusive: Toyota to settle U.S. probe into delayed emissions defect reports for $180 million - sources

WASHINGTON (Reuters) - Toyota Motor Corp will settle a Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, sources briefed on the matter said.

Reuters January 15, 2021 00:06:03 IST
Exclusive: Toyota to settle U.S. probe into delayed emissions defect reports for $180 million - sources

Exclusive Toyota to settle US probe into delayed emissions defect reports for 180 million  sources

WASHINGTON (Reuters) - Toyota Motor Corp will settle a Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, sources briefed on the matter said.

The U.S. Attorney's Office in Manhattan is set to announce the settlement later on Thursday, the sources said, that will include a consent decree. Toyota first disclosed in 2016 it was under investigation for the delayed reports to the Environmental Protection Agency. Toyota and the Justice Department did not immediately comment.

(Reporting by David Shepardson; Editing by Chizu Nomiyama)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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