Toyota Settles Lawsuit - ABC 33/40 - Birmingham News, Weather, Sports

Toyota Settles Lawsuit

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Toyota has settled with car owners over unintended acceleration in 2009 and 2010. 

The automaker has agreed to pay more than a billion dollars 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 of $250 million dollars to compensate former Toyota owners who sold their cars at a reduced value because of the negative publicity. 

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