Toyota Statement on Grand Jury Subpoena and SEC Request
February 22, 2010
On February 8, 2010 (Japan time), a federal grand jury in the Southern District of New York Issued a subpoena that requested Toyota and its subsidiaries to produce certain documents related to unintended acceleration of Toyota vehicles and the braking system of the Prius.
On February 19, 2010, Toyota Motor Corporation (“TMC”) and Toyota Motor Sales, U.S.A., Inc. (“TMS”), received a voluntary request and a subpoena, respectively, 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.