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Toyota Settles Lawsuit

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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