Daily News Channel
Toyota Exec Warned on Defect: “We Need to Come Clean” A senior Toyota Motor Corp <7203.T> executive in the United States warned in a January email that the automaker needed to “come clean” on a safety defect that caused accelerator pedals to become stuck open. The January 16 email from Irv Miller, then Toyota’s top […]
U.S. seeks $16.4 million fine against Toyota Federal safety agency hits Toyota with largest possible fine for a single reporting violation. More fines still possible. The Department of Transportation’s National Highway Traffic Safety Administration is seeking the maximum fine of $16.4 million against Toyota Motor Corp. for failing to notify the agency of a “sticky […]