Toyota agrees to pay two more safety fines for a total of $32.4 million

Article by Christian A., on December 21, 2010

Toyota agreed today to pay two more safety fines, which means a total of $32.4 million. For those who don’t know, the Japanese manufacturer was given the maximum allowable under U.S. law, raising the total to $48.8 million – the amount that Toyota has agreed to pay in civil penalties this year.

Apparently, federal investigators decided to give these safety fines to Toyota due to the fact that the Japanese manufacturer didn’t notified regulators of safety defects in time.

According to our sources, the three fines received by Toyota were the maximum permitted under the federal law at the time the alleged violations occurred.

As expected, the total amount was the highest received by a car manufacturer over the years. For those who still don’t know, one investigation settled today involved the recalls of light trucks for alleged loss of steering control, while the other involved the unintended acceleration caused by pedal entrapment.

"Toyota is pleased to have resolved these legacy issues related to the timeliness of prior recalls dating back to 2005," Steve St. Angelo, Toyota's Chief Quality Officer for North America, said in a statement. "As we have demonstrated in recent months, our North American operations now have a greater voice in making safety decisions, and we are taking appropriate action whenever any issues emerge." [via autonews - sub. required]

If you liked the article, share on:

Pin It

Comments

Recommended

The German automaker Volkswagen is now racing against time to come up with electric vehicles that will be able to pass Europe and China's stringent emission standard. The car company...
by - March 22, 2017
In the last few years, the advent of compact sedans and crossovers has become quite overwhelming. Even two of the major manufacturers that “started it all” have to admit that...
by - March 22, 2017
By 2020, Audi will be throwing out not just one but three fully-electric vehicles. One of which will be pitted against the BMW i8. This new information was revealed by...
by - March 22, 2017
Tesla confirms that they will be discontinuing the fairly new Model S 60 and 60D sedans as soon as next month. Why, you ask? The company wants to make enough...
by - March 22, 2017
Have you ever wondered how much luxury car companies profit from every vehicle they sell? And which companies profit more? Well, in 2016, Porsche sold over 238,000 vehicles. That is...
by - March 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries