WASHINGTON – Toyota Motor Corp. is expected to agree to a fine of more than $16 million, the largest government penalty levied against an automaker, for a four-month delay in telling federal authorities about defective gas pedals on its vehicles, a Transportation Department official said Sunday.
Toyota faces a Monday 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 was not authorized to speak publicly and spoke only on condition of anonymity. The official said Toyota is expected to pay the full amount of the assessed fine within 30 days as a means of avoiding going to court against the government.
http://news.yahoo.com/s/ap/20100419/ap_on_bi_ge/us_toyota_recall
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment