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As we reported a few weeks ago, Toyota has been embroiled in a patent dispute with Paice LLC concerning its hybrid vehicle technology that threatened to halt hybrid imports in the United States. As it turns out, after six years of litigation, Toyota has finally reached a settlement in the case. Terms of the settlement [...]
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As Toyota continues to plagued by safety recalls (this week, the automaker recalled 17,000 Lexus hybrids for faulty gas tanks), the company is facing legal trouble of another matter, this time over a patent controversy that could result in a ban of Toyota hybrids altogether. This patent fight originally began in 2004, when Paice LLC, [...]
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