Articles

Toyota accepted record $16.4 million fine

Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about
a dangerous accelerator pedal defect. The automaker still denies the government's
allegation that it violated the law.

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AP source: Toyota set to agree on record fine

Toyota Motor Corp. is expected to agree to a fine of more than $16 million on for failing to promptly report to the government
problems with sticking gas pedals on its vehicles, a Transportation Department official said.

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Documents: Toyota boasted saving $100M on recall

Claims by Toyota in internal documents that it saved money by obtaining a limited recall from regulators in 2007 create an
even bigger challenge for the automaker's president when he testifies before U.S. lawmakers this week over quality and
safety lapses.

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