Toyota Subsidiary to Plead Guilty, Pay $1.6 Billion Over Emissions Scandal

A US government unit has agreed for a Toyota Motor Corp unit to plead guilty and pay over $1.6 billion in a settlement related to an emissions fraud scheme. The Justice Department and other agencies have reached settlements with Hino Motors, a subsidiary of the Japanese automaker, following violations in this area.

Source: https://www.reuters.com/business/autos-transportation/us-says-toyota-unit-plead-guilty-pay-over-16-bln-settle-fraud-scheme-2025-01-16