[JURIST] Toyota Motor Corporation [corporate website; JURIST news archive] settled US federal investigations on Tuesday by agreeing to pay a record $32.4 million in extra fines for product defects and poor handling of a recall. The fines stem from two investigations conducted by the National Highway Traffic Safety Administration (NHTSA) [official website]. The first, a fine of $16.375 million, concerned nearly five million vehicles with accelerator pedals entrapped by floor mats, which caused at least one fatal accident in California….
Toyota agrees to pay additional $32 million in fines to US government over safety defects
By Clekis Law|2011-01-30T11:19:25+00:00January 30th, 2011|Uncategorized|Comments Off on Toyota agrees to pay additional $32 million in fines to US government over safety defects