Toyota Receives Record Fine From NHTSA From Vehicle Recalls

Rubric: Toyota Fine | 2 Июн 2015 | no comments yet »
Toyota Receives Record Fine From NHTSA From Vehicle Recalls

Toyota Penalty for Hiding Safety Defects More Than Just a Fine April 19, 2010 — federal safety regulators said that Toyota agrees to pay a record $16.4-million fine for hiding safety defects related to sudden acceleration, but will stop short of accepting full legal responsibility for purposely withholding safety information. The National Highway Traffic Safety Administration announced April 5 that it would seek to penalize Toyota the maximum amount it is allowed by law to levy. This is by far the largest penalty ever levied by the NHTSA. The previous largest federal penalty paid by an automaker was $1 million, levied against General Motors in 2004 for delaying a windshield wiper recall. ...

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Moving faster, Toyota recalls SUVs, agrees to fine — The Hindu

Rubric: Toyota Fine | 31 Май 2015 | no comments yet »
Moving faster, Toyota recalls SUVs, agrees to fine — The Hindu

manufacturing and engineering automotive equipment Toyota has agreed to a record $16.4 million fine for its slow response to sticking gas pedals the equivalent of a little more than $2 for every vehicle the company sold around the globe in 2009. But the fine, the maximum under the law, could be simply a down-payment in the long run: The Japanese auto giant still faces dozens of private lawsuits, which have been combined before a federal judge in Santa Ana, California. “In the court of public opinion, paying the fine speaks volumes. But at the end of the day, the fines are simply background noise in terms of the civil litigation,” Richard Arsenault, a plaintiff’s attorney in Alexandria, ...

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Toyota Fine N

Rubric: Toyota Fine | 30 Май 2015 | no comments yet »
Toyota Fine N

By James R. Healey, USA TODAY CLE ELUM, Wash. – Toyota says it’s reinvented the Camry, that car everybody buys if they don’t care much about driving, only about getting there. Sponsored Links But that claim doesn’t quite smell right. The 2012. on sale this October, is the same size as the 2011 it replaces. Engines, transmissions and suspension are carried over from the previous version, albeit with some updates. The styling, while new, will cause no one to say either, 1) Wow, what an exciting-looking car, or, 2) Hey, that’s the new Camry. INTERACTIVE: Car questions? See transcript of Healey’s chat PHOTOS: More views of the new Toyota Camry STORY: Remake ...

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U.S. Fine to Settle Probe Delivers Relief for Toyota — DailyFinance

Rubric: Toyota Fine | 30 Май 2015 | no comments yet »
U.S. Fine to Settle Probe Delivers Relief for Toyota — DailyFinance

U.S. Fine to Settle Probe Delivers Relief for Toyota by The Associated Press Updated Mar 20th 2014 6:36AM Mar 20th 2014 6:00AM Updated Mar 20th 2014 6:36AM Alex Wong/Getty Images U.S. Attorney General Eric Holder said Wednesday that Toyota would pay a $1.2 billion fine to settle charges the company hid information about defects in its cars. By YURI KAGEYAMA TOKYO — Toyota Motor (TM ), headed to a record profit, can afford the $1.2 billion fine levied by the U.S. government for hiding information about defects in its cars. If anything, the settlement may even deliver relief for Toyota shareholders and customers as a sign the automaker has put the four-year recall debacle behind it. ...

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Canon recalls about 14,000 PowerShot SX50 cameras: Digital Photography Review

Rubric: Toyota Fine | 28 Май 2015 | no comments yet »
Canon recalls about 14,000 PowerShot SX50 cameras: Digital Photography Review

Canon recalls about 14,000 PowerShot SX50 cameras Canon USA has recalled about 14,000 PowerShot SX50 HS digital cameras. According to the United States Consumer Product Safety Commission. ‘A chemical used in the rubber part of the viewfinders on the camera can cause skin or eye irritation or an allergic reaction to the user’. Canon says this only affects a limited number of cameras made from September 1 through November 15, 2013. The cameras in question have serial numbers beginning with 69, 70 or 71 and have 1 as the sixth digit of the serial number. If your camera meets the serial number criteria, contact Canon’s Customer Support Center immediately. Canon will inspect and ...

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Toyota to Pay Record $1.2 Billion Fine for Hiding Safety Issues

Rubric: Toyota Fine | 27 Май 2015 | no comments yet »
Toyota to Pay Record $1.2 Billion Fine for Hiding Safety Issues

Related Articles Toyota Motor Corporation, the world’s largest automaker, has agreed to pay a record fine of $1.2 billion to the United States to resolve a criminal investigation into safety issues. The settlement is a record-breaking fine levied against any automaker and could serve as a template for how U.S. authorities resolve a similar case against General Motors. In announcing the settlement between Toyota and the U.S. Justice Department, Attorney General Eric Holder said the automaker will admit to misleading consumers about two different problems that caused some vehicles to uncontrollably accelerate. Today, we can say for certain that Toyota intentionally concealed information ...

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Toyota Unintended Acceleration and the Big Bowl of “Spaghetti” Code |

Rubric: Toyota Fine | 25 Май 2015 | no comments yet »
Toyota Unintended Acceleration and the Big Bowl of “Spaghetti” Code |

Toyota Unintended Acceleration and the Big Bowl of “Spaghetti” Code Last month, Toyota hastily settled an Unintended Acceleration lawsuit – hours after an Oklahoma jury determined that the automaker acted with “reckless disregard,” and delivered a $3 million verdict to the plaintiffs – but before the jury could determine punitive damages. What did the jury hear that constituted such a gross neglect of Toyota’s due care obligations? The testimony of two plaintiff’s experts in software design and the design process gives some eye-popping clues. After reviewing Toyota’s software engineering process and the source code for the 2005 Toyota Camry, both concluded that the system ...

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Davidlaw.com Toyota pays $1.2 billion fine for concealing auto defects…

Rubric: Toyota Fine | 25 Май 2015 | no comments yet »
Davidlaw.com Toyota pays $1.2 billion fine for concealing auto defects…

Counsel’s Table Personal Injury Resource Center. Concealing Auto-Safety Defects Results in $1.2 Billion Fine for Toyota Just as the news that General Motors (GM) executives knew about a deadly defect for years without correcting it, the previous scandal to rock the automotive world has just concluded. In an historic settlement with the U.S. Department of Justice, Toyota, the largest automobile manufacturer in the world, admitted that the company misled the public and the government about defective accelerators that have been linked to several fatalities. As a condition of the settlement, Toyota has agreed to pay a fine in the amount of $1.2 billion, which is the largest penalty ever ...

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GM Facing a Snowstorm of Suits Over Its Ignition Switch Recall — NBC News

Rubric: Toyota Fine | 22 Май 2015 | no comments yet »
GM Facing a Snowstorm of Suits Over Its Ignition Switch Recall — NBC News

GM Facing a Snowstorm of Suits Over Its Ignition Switch Recall By Michael Strong Already facing an assortment of investigations into its handling of a deadly ignition switch problem – among them a criminal probe by the U.S. Justice Department – General Motors is facing a number of potentially costly law suits, including one that accuses it of securities fraud. A GM shareholder filed a class-action lawsuit last Friday claiming shareholders were defrauded by GM due to its the handling of the ignition switch recall. Also on Friday, what is believed to be the first wrongful … suit was filed in Minnesota state court on behalf of two teenage girls … in a 2006 crash of a 2005 Chevy ...

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Toyota Agrees to Pay $1.2 Billion Settlement to Justice Department — US News

Rubric: Toyota Fine | 15 Май 2015 | no comments yet »
Toyota Agrees to Pay $1.2 Billion Settlement to Justice Department — US News

Toyota Agrees to Pay $1.2 Billion Settlement to Justice Department Criminal investigation into Toyota closes after it agrees to pay one the largest settlements in U.S. history. By Katherine Beard March 19, 2014 Comments SHARE The Justice Department announced Wednesday it will close the criminal investigation of Toyota’s handling of a defect, following a $1.2 billion settlement. The settlement is the largest fine imposed on an automotive company in U.S. history, USA Today reported. According to The New York Times. automakers are not typically held “criminally liable” for defects or recalls and rarely pay significant fines for them. However, officials revealed it is the way Toyota ...

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