TORRANCE, Calif., April 5, 2013 – Toyota Motor Sales, U.S.A., Inc., announced today that it has reached an agreement with the Orange County District Attorney (OCDA) in California to resolve civil claims brought in March 2010 related to the recall of certain Toyota vehicles in 2009 and 2010.
In response, Christopher P. Reynolds, group vice president and general counsel, Toyota Motor Sales, U.S.A, Inc., and chief legal officer, Toyota Motor North America, said:
“As we continue to turn the page on legacy legal issues related to our past recalls, we are pleased to have resolved these allegations in a way that supports the communities where our customers live and work. Having addressed floor mat and ‘sticky pedal’ issues with effective and durable solutions, we are gratified that Toyota vehicles are once again widely recognized as among the safest and most reliable on the road. We remain focused on continuously enhancing our quality assurance operations and strengthening our ability to meet customer expectations, and we are grateful for their continued support.”
As part of this settlement, which was considered as an estimated cost when Toyota announced the resolution of economic loss claims in December 2012, Toyota will pay $16 million, to be divided equally between the Orange County Gang Reduction Intervention Partnership (G.R.I.P.) and the OCDA.
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Toyota (NYSE:TM) established operations in North America in 1957 and currently operates 14 manufacturing plants. There are more than 1,800 Toyota, Lexus and Scion dealerships in North America, which sold more than 2.3 million vehicles in 2012. Toyota directly employs nearly 39,000 people in North America, and its investment here is currently valued at more than $24.5 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from North American suppliers totals nearly $30 billion. For more information about Toyota, visit www.toyota.com or www.toyotanewsroom.com.
Toyota Motor Sales, U.S.A., Inc., Media Line (310) 468-5297