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Toyota Agrees to $1.2 Billion US Fine for Hiding Car Malfunctions

The world's biggest automaker, Japan's Toyota Motor Corporation, is admitting that it intentionally misled the public about deadly car safety problems several years ago and has agreed to pay a $1.2 billion fine to the United States to settle a criminal investigation.U.S. Attorney General Eric Holder announced the resolution of the four-year case in Washington on Wednesday, calling the company's conduct "shameful."Holder said Toyota was more worried about its corporate...

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