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Toyota to settle probe over reported accelerator issues

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Toyota will reportedly settle over a federal probe into acceleration problems. (Source: CNN) Toyota will reportedly settle over a federal probe into acceleration problems. (Source: CNN)

(CNN) – Toyota has reportedly agreed to settle a federal investigation of the automaker's handling of complaints about unintended acceleration.

The Justice Department could announce the billion dollar agreement as early as Wednesday.

Under the settlement, Toyota is expected to pay about $1 billion and will avoid criminal charges.

Toyota recalled millions of cars in 2009 and 2010 after doing little about complaints of acceleration problems for years.

Copyright 2014 CNN. All rights reserved.

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