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Report: Toyota agrees to extra $32.4M in fines over recalls
<p>Filed under: <a href="http://www.autoblog.com/category/government-legal/" rel="tag">Government/Legal</a>, <a href="http://www.autoblog.com/category/recalls-tsbs/" rel="tag">Recalls</a>, <a href="http://www.autoblog.com/category/safety/" rel="tag">Safety</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a></p><a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/12/20/AR2010122005978_2.html">< img hspace="4" vspace="4" border="1" align="right" class="right border" alt="Toyota logo" src="http://www.blogcdn.com/www.autoblog.com/media/2010/12/toyota-250-1292943284.jpg" /></a>It looks like <a href="http://www.autoblog.com/make/toyota">Toyota</a> isn't finished shelling out cold, hard cash for its transgressions in handling its <a href="http://www.autoblog.com/tag/recall">recalls</a>. According to <em>The Washington Post</em>, the automaker has agreed to pay another $32.4 million in civil penalties. The money will effectively settle an inquiry into how Toyota handled recalls associated with both sticking accelerator pedals and faulty steering rods. The new penalty is stacked on top of the already record-setting $16.4 million that Toyota paid earlier this year, and brings the grand total up to a hefty $48.8 million. Even with that steep price tag, <em>The Washington Post</em> says that by agreeing to pay the fines, Toyota isn't admitting to any wrongdoing.<br />
<br /> The federal government contends that Toyota failed to notify officials in a timely manner when the automaker discovered potential safety defects. Meanwhile, Toyota seems to be willing to do whatever it takes to put the safety fiasco behind it so that the company can move forward. <br /> <br /> [Source: <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/12/20/AR2010122005978_2.html">T he Washington Post</a>]<p style="padding:5px;backgr ound:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2010/12/21/report-toyota-agrees-to-extra-32-4m-in-fines-over-recalls/">Report: Toyota agrees to extra $32.4M in fines over recalls</a> originally appeared on <a href="http://www.autoblog.com">Autoblo g</a> on Tue, 21 Dec 2010 10:29:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2010/12/21/report-toyota-agrees-to-extra-32-4m-in-fines-over-recalls/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/19771806/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2010/12/21/report-toyota-agrees-to-extra-32-4m-in-fines-over-recalls/#comments" title="View reader comments on this entry">Comments</a> أكثر... |
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