Bloomberg News report
TOKYO (Aug. 13, 2014) — Former U.S. Attorney David Kelley has been appointed as the government monitor who will supervise Toyota Motor Corp.'s safety after the company's mishandling of vehicle recalls for unintended acceleration.
Toyota spokesman Keisuke Kirimoto confirmed the U.S. Justice Department's appointment of Mr. Kelley. The car maker expects to have “a cooperative and constructive working relationship with Mr. Kelley,” he said.
A New York-based partner at Cahill Gordon & Reindel L.L.P., Mr. Kelley will review Toyota's policies, safety procedures and verify the accuracy of its public statements. The monitor position is part of a settlement in March, whereby Toyota paid a record $1.2 billion penalty and admitted it misled U.S. consumers in 2009 and 2010 about problems with its cars over unintended acceleration.
The appointment comes as the U.S. Justice Department and Congress investigate General Motors Co. for its handling of