Toyota is loosing trials

Posted on Monday, 28 October 2013 , 05:10:28 byEmil

Filed under toyotajapaneseasianmoneytrialToyotaAsianJapanese

Toyota is loosing trials

We will have to return now back in time and tell you that an Oklahoma judge found Japanese carmaker Toyota liable for a 2007 unintended acceleration accident. The car involved in it was a 2005 Toyota Camry which took the life of a passenger and injured the driver. This is the first court loss for the company in an unintended acceleration case. As a consequence, they will have to pay $1.5 million compensation to the driver injured in the car accident and $1.5 to the family of Barbara Schwarts, which is the passenger who died that day. This news comes at a very bad moment for the carmaker which has just won a case in California. Apparently the Japanese company behaved with not taking into account the safety of the public. The judge said that jurors will not be deliberating additional punitive damages and this is because a settlement has been reached with an undisclosed amount that should cover all damages and the potential punitive payout, apparently. as expected, the carmaker continues to deny its guilt, but even so, the two parties have reached an agreement. An official from the Japanese company declared that they continue to offer safe and reliable vehicles in the future and that the accident was not their fault. Toyota still has more than 700 unintended acceleration cases which who know when will end.