U.S. safety regulators may seek a second penalty against Toyota, after imposing a record 16.4 million dollar fine against the carmaker for knowingly delaying a massive recall over defective accelerator pedals.
Japanese auto giant Toyota is facing a fine of 16 million dollars from the United States government over failing to notify authorities of a sticky pedal defect that forced the recall of 2.3 million cars in the US.
The US Department of Transportation said on Monday that it proposes fining Japanese automaker Toyota 16.38 million dollars for failing to notify the authorities about safety problems with its vehicles.
Japanese auto giant Toyota announced a 50.7% sales increase from the previous March Thursday. The rise is widely attributed to the fact that the March figure includes orders for the popular petrol-electric Prius hybrid.
The world's leading carmaker, Toyota, was facing its first court appearance in the US on Thursday; judges will decide if thousands of car owners have the right to sue the Japanese giant in a multi-billion-dollar trial over faulty accelerator pedals.
Daihatsu Motor Co., a subsidiary of Toyota, says it is recalling almost 275,000 vehicles due to possible defects. The move comes as Toyota is pulling more than eight million of its cars worldwide because of problems with the accelerator and brakes.
Toyota President Akio Toyoda has apologised. He has bowed. He has written an Op-Ed in the Wall Street Journal. But some feel that, in relation to Japanese business tradition, he hasn't done nearly enough.
Toyota’s top executive James Lentz apologised Tuesday for the company’s slow response to the safety problems which have dogged the Japanese auto making giant in remarks prepared for delivery to a key US government panel.