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Home.forex news reportToyota reaches $1.6 billion settlement of emissions fraud case in US

Toyota reaches $1.6 billion settlement of emissions fraud case in US

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U.S. officials announced a $1.6 billion deal with Toyota subsidiary Hino Motors late Wednesday to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.
Hino used altered emissions test data to get approval to import and sell more than 110,000 diesel…



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