Toyota Has To Pay For Late Recalls

Posted by carguy - January 3, 2013 - Blog - No Comments

The US Department of Transportaion’s NHTSA annouced that Toyota Motor Corp has agreed to pay $17.35 million, the maximum fine allowable by law, in response to the agency’s assertation that the auomaker failed to report a safety defect to the federal goverment in a timely manner.

This represents the single highest civil penalty amount ever paid to NHTSA for viloations stemming form a recall.