Personal Injury Law

Fine Coming to Toyota for Concealing Problems

By Edward Bills

Toyota Motors Inc. will face a $16.4 million fine for failing to report problems with their vehicles’ accelerators, federal officials reported Monday. Toyota is accused of knowing about the problem as early as last September, but failing to move on a recall until this January. Auto manufacturers are legally obligated to notify NHTSA within five business days if they determine a defect exists. Records show that Toyota issued repair procedures to more than 30 European countries and Canada in September for the same problem, but failed to do so in the U.S. The $16.375 million penalty is the maximum National Highway Traffic Safety Administration can levy under law.

Full post as published by Bodily Injury Blog on April 06, 2010 (boomark / email).