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Toyota faces $16M fine for auto defects
By: Bill O'ReillyApril 6, 2010
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STORY EXCERPT
San Jose Mercury News: Federal safety regulators said Monday that they intend to fine Toyota Motor $16.4 million - the largest ever penalty against an automaker - for failing to disclose problems with sticky accelerator pedals quickly enough. The National Highway Traffic Safety Administration said Toyota knew in September that it had a problem with accelerator pedals that required fixing, but failed to recall 2.3 million vehicles until January - four months later. In taking the step, federal authorities are sending the strongest signal yet that they believe the automaker deliberately concealed safety information from them.
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