Toyota Settles With Consumers Over Acceleration Issue
By: WROC-TV
Updated: December 28, 2012
The automaker has agreed to pay more than $1 billion to install new safety features and compensate owners. Drivers sued Toyota because floor mats were getting stuck, causing their vehicles to accelerate. Under the agreement, Toyota will install a brake-override system. The company will also set up a fund a $250 million to compensate former Toyota owners who sold their cars at a reduced value because of the negative publicity.

