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Toyota unit Hino Motors reaches $1.6B settlement in US

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Japanese truck and engine manufacturer Hino Motors, a unit of Toyota Motor, has reached a $1.6 billion settlement in the United States.

The settlement, which also includes a guilty plea by the company, is related to allegations of excess diesel engine emissions in more than 105,000 U.S. vehicles.

The settlement with U.S. agencies must be approved by a federal judge.

Read more from Reuters.

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