What was the outcome of the Toyota brake scandal?
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On March 19, 2014, the U.S. Department of Justice announced that the United States and Toyota Motor Corporation had reached a settlement agreement. Toyota Motor Corporation was required to pay a settlement to conclude a four-year criminal investigation conducted by the U.S. Attorney's Office. Below is an introduction to Toyota: 1. Toyota Motor Corporation: Toyota Motor Corporation is an automobile manufacturing company headquartered in Toyota City, Aichi Prefecture, Japan, and Bunkyo, Tokyo. It is part of the Japanese Mitsui zaibatsu. Since 2008, Toyota has gradually replaced General Motors as the world's largest automobile manufacturer. Its brands mainly include Lexus, Toyota, and other series of high, mid, and low-end models. 2. Logo: The three-ellipse logo of Toyota has been in use since the early 1990s. The large ellipse in the logo represents the Earth, while the two ellipses in the middle form a vertical 'T' shape, representing Toyota. It symbolizes Toyota's foundation in the future, its confidence and ambition, as well as its commitment to customers, indicating that the hearts of users and the automaker are connected with mutual trust. It also signifies Toyota's advanced technology and innovative potential.