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By Susan Sherman
$11.70
Richard Schickel (Director)
$26.99
$24
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Flickr user Stefano A (CC-BY)
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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. (continued)
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Flickr / Beadmobile
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It’s not quite the 8 million vehicles that Toyota has had to swallow, but the next-biggest Japanese automaker announced a recall of its own. Honda is calling 410,000 Odyssey and Element vehicles sold in the U.S. back to the farm to address brake issues.
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Flickr / Jyle Dupuis
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The brakes on the 2010 Toyota Prius have prompted a U.S. government investigation and a possible third recall for the troubled automaker, if a report in Japan’s biggest business newspaper is to be believed. (continued)
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Nate Beeler, The Washington Examiner —
Posted on Feb 4, 2010
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