The company did not disclose or reject accountability in the settlement; however they were disappointed the amount had been made publicize.
The crash caused a series of recalls involving millions of
The car maker said "As it is common in these cases, both the parties agreed to keep the amount confidential, to protect the families from unnecessary solicitations and to give them to shift on from this hard period."
The accident happened in August 2009 in which off-duty California Highway Patrol Officer Mark Saylor, 45, his wife, their daughter and Mr. Saylor's brother-in-law were killed. Their car accelerated to over 190 KM/h consequently it run over with another vehicle and crash off an edge, ultimately bursting into flames.
They were killed when their car accelerated to over 120 mph (190km/h), leading it to collide with another vehicle and crash off an embankment, eventually bursting into flames. It was revealed through investigation that a defective floor-mat intended the accelerator and caused the crash.
This is the second big fine the world's largest car manufacturer will pay to US, after agreeing a $16.4m penalty in April.
The advertising has not showed to wet the carmaker's recognition. It will remain the world's biggest-selling manufacturer, and for the 2nd quarter recent profits, had been doubled as compared to the last year.