Tags: US | Toyota | Recall

Toyota to Agree to $16.4 Million Government Fine

Sunday, 18 Apr 2010 10:41 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Toyota is expected to agree on Monday to pay a fine of more than $16 million for a four-month delay in telling the government about defective gas pedals on its vehicles, the largest civil penalty imposed on an automaker by the government, a Transportation Department official said Sunday.

Toyota faced a deadline to accept or contest the $16.4 million fine over evidence it knew about sticking gas pedals in September but did not issue a recall until January. The Transportation official, who was not authorized to speak publicly, said on condition of anonymity that Toyota was expected to agree to the full fine as a means of avoiding going to court against the government.

The official said Toyota did not intend to accept liability explicitly. But from the government's viewpoint, the official said, the agreement to pay the full fine constitutes an acceptance of responsibility for hiding the safety defect in violation of the law.

Toyota did not immediately comment.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Rob Maness Maintains Challenge to Landrieu's La. Residency

Tuesday, 02 Sep 2014 19:03 PM

A tea party candidate for the U.S. Senate in Louisiana told Newsmax TV on Tuesday that he's not finished trying to get t . . .

Ramesh Ponnuru: GOP's Lack of Defining Agenda May Be Mistake

Tuesday, 02 Sep 2014 15:14 PM

With elections looming in November, Republicans are counting on President Barack Obama's unpopularity to deliver them co . . .

Congressional Candidates Use Guns to Aim Ad Messages

Tuesday, 02 Sep 2014 13:35 PM

A bevy of pistol-packing politicos are hoping to blast their way into office this year, posting campaign ads featuring t . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved