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U.S. Slaps Toyota With Record FinePosted on Apr 5, 2010
U.S. auto regulators have decided to fine Toyota a maximum $16.375 million, having determined that the car company waited “at least four months” to recall its troubled vehicles. Toyota can contest the fine, which, although a record, amounts to a tiny fraction of the total financial impact of recalling some 8 million vehicles worldwide. The Transportation Department says the $16.375 million fine is for the “sticky pedal” acceleration issue only. Regulators are still investigating and weighing further penalties. The National Highway Traffic Safety Administration has never issued a larger civil penalty against an automaker. —PZS Sources: Department of Transportation, AP Advertisement Previous item: Did Mississippi School Trick Lesbian Student With 'Fake Prom'? Next item: British Election Mania New and Improved CommentsWe are launching a major overhaul of our comments section. In addition to more robust spam filtering and moderation, new features include the ability to rate other comments, sort how they are displayed and respond directly via e-mail or in a thread. Unfortunately, commenters will lose their existing Truthdig identities. It's a pain, we know, but on the plus side you will now be able to log in with a plethora of options, including Google, Twitter, Facebook and Disqus accounts. Before launching this system we spent months in discussion with our top commenters. We listened to the feedback and we hope you like what we've come up with. Please direct any problems or concerns to us via our contact page. |
By samosamo, April 5, 2010 at 7:19 pm Link to this comment
hrumf! $16.375 million is chump change for toyota, but do I
want to return to the good old days of chevy and ford or
chrysler?
NO!
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