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Federal Government Seeking Maximum $16M Penalty Against Toyota [View All]

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 04:15 PM
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Federal Government Seeking Maximum $16M Penalty Against Toyota
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Source: Fox News-AP

WASHINGTON -- The U.S. Transportation Department says it is seeking the maximum penalty of $16 million against Toyota for failing to notify the government promptly about defective gas pedals among its vehicles.

Transportation Secretary Ray LaHood says the department has evidence that Toyota knew of the problem with sticking accelerators in late September but did not recall cars until late January.

The fine would be the largest civil penalty ever issued to an automaker by the government.

Toyota has two weeks to accept or contest the $16.375 million penalty.



Read more: http://www.foxnews.com/politics/2010/04/05/federal-gove... /
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