Toyota gets hit with grand jury subpoena

Toyota said today that it has received a federal grand jury subpoena in the Southern District of New York to produce certain documents related to unintended acceleration of Toyota vehicles and the braking system of the Prius.

The automaker said that it also received a voluntary request and a subpoena “from the Los Angeles office of the United States Securities and Exchange Commission, seeking production of certain documents including those related to unintended acceleration of Toyota vehicles and the company’s disclosure policies and practices.”

“TMC and TMS intend to cooperate with the investigations and are currently preparing their responses,” Toyota said in a statement.

Toyota has recalled more than 8 million vehicles related to possible unintended acceleration. The Prius is involved in a separate recall involving issues with its brakes.

– By: Omar Rana