Toyota hit with grand jury subpoena

Toyota hit with grand jury subpoena

NEW YORK (CNNMoney.com) – Toyota said Monday it has received a federal grand jury subpoena for documents relating to the unintended acceleration of its vehicles and braking systems in the Toyota Prius.

Toyota (TM) has recalled more than 8 million vehicles related to possible unintended acceleration. The 2010 Toyota Prius was the subject of a separate recall involving problems with its brakes.

The federal grand jury subpoena was from the Southern District of New York. A spokeswoman for the U.S. Attorney’s Office in the Southern District declined to comment on the matter, saying “It is our office’s policy to neither confirm nor deny the existence of an investigation.”

http://money.cnn.com/2010/02/22/autos/toyota_subpoena/index.htm?hpt=T2

Toyota pissed off some powerful people in Washington…uh oh.

Hopefully you won’t have to rejoin the Neon club. :frowning:

Whenever I hear “lawsuit” and “New York” in the same sentence, all I can think of is “Gold Diggers”

Even though this is kind of a big deal, sometimes I wonder if there are other forces behind this to slander the Toyota name in favor of domestic manufacturers.

Sorry if it’s been posted already…

Sketchy… haven’t read that one yet. Maybe they did screw themselves on their own then.

on the bottom right is a link to the live feed, toyota is getting bashed.

http://money.cnn.com/2010/02/23/autos/Akio_Toyoda_testimony/index.htm?hpt=T1

i bet they are willing to deal on stale inventory!