Toyota Motor has learned to say “uncle” when it comes to sudden-acceleration claims. Just a few weeks ago, the giant Japanese carmaker was still talking tough in public about fighting hundreds of lawsuits alleging that its vehicles were prone to accelerate without warning, causing injuries and deaths. Not anymore.
On Dec. 12 the federal judge overseeing many of those suits announced that the company would begin an “intensive settlement process” to resolve the wave of litigation. Bloomberg News provides the essentials: