Toyota Fine | Toyota cars catalog with specifications, pictures, ratings, reviews - Part 4

$1.2B Toyota penalty sends warning to auto industry | The Detroit News

Rubric: Toyota Fine | 23 Апр 2015 | no comments yet »
$1.2B Toyota penalty sends warning to auto industry | The Detroit News

$1.2B Toyota penalty sends warning to auto industry U.S. Attorney Preet Bharara, left, and U.S. Attorney General Eric Holder announce the settlement Wednesday. Bharara cautioned the entire auto industry to take notice, with Holder adding, ‘a recall may damage a company’s reputation, but deceiving your customers makes that damage far more lasting.’ (Alex Wong / Getty Images) The $1.2 billion criminal penalty Toyota Motor Corp. will pay to settle a four-year government probe into sudden acceleration problems may be a game-changer for General Motors Co. and other automakers facing growing scrutiny of their handling of safety recalls. It marks the largest fine levied against ...

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China fines Toyota finance arm for alleged bribery — Economic Times

Rubric: Toyota Fine | 22 Апр 2015 | no comments yet »
China fines Toyota finance arm for alleged bribery — Economic Times

China fines Toyota finance arm for alleged bribery Tags: SHANGHAI: Authorities in eastern China say they have fined Japanese automaker Toyota Motor Corp.’s finance unit for giving bribes to car dealers, a charge the company is disputing. The accusation comes at a time of rising tensions between China and Japan and amid Toyota’s effort to counter the impact of massive recalls on its sales in China by offering steep discounts and other incentives to potential buyers. The bribes took the form of rebates meant to encourage dealers to have customers use loans from Toyota, rather than banks, to finance car purchases, Jiang Zhugen, an official at the Jianggan Administration for Industry ...

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Toyota’s $1.2 billion fine could be glimpse into GM’s future | Dallas…

Rubric: Toyota Fine | 21 Апр 2015 | no comments yet »
Toyota’s $1.2 billion fine could be glimpse into GM’s future | Dallas…

Toyota#039;s $1.2 billion fine could be glimpse into GM#039;s future DETROIT — General Motors, beware. Wednesday’s announcement that Toyota will pay $1.2 billion to avoid criminal prosecution for hiding information in a recall case could be a glimpse into your future. It’s also a warning to anyone selling cars in the U.S. Although the federal government’s road-safety watchdog doesn’t have big fangs, the Justice Department does. The National Highway Traffic Safety Administration’s maximum fine for hiding information is $35 million, a pittance to automakers. But the Justice Department can reach deeper into your wallet and hurt your reputation with damning public statements. Shortly ...

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The Obama Administration's Defective Toyota Shakedown | National…

Rubric: Toyota Fine | 21 Апр 2015 | no comments yet »
The Obama Administration's Defective Toyota Shakedown | National…

Secondary NRO Navigation “The verdict is in. There is no electronic-based cause for unintended high-speed acceleration in Toyotas,” said U.S. Transportation Secretary Ray LaHood in February, 2011 upon releasing an exhaustive study by NHTSA and NASA absolving Toyota of allegations its vehicles were unsafe. Three years later, the U.S. Justice Department this week fined Toyota a record $1.2 billion for failing to warn customers of unsafe vehicles. Huh? Americans can be excused if they feel they’ve fallen down Alice’s rabbit hole. “The problems gained public attention (in 2009) when a highway patrolman and his family were killed in an accident in San Diego,” reported a Reuters story ...

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Toyota pays record fine; is GM next? | Righting Injustice | Righting Injustice

Rubric: Toyota Fine | 21 Апр 2015 | no comments yet »
Toyota pays record fine; is GM next? | Righting Injustice | Righting Injustice

Toyota pays record fine; is GM next? According to the U.S. Department of Justice announcement this Wednesday, Toyota will be forced to pay $1.2 billion in fines due to its mishandling of the sudden unintended acceleration defects that plagued millions of its own vehicles. Toyota’s cover-up of the sudden acceleration defects has resulted in the highest settlement to be paid by an auto manufacturer in U.S. history. The Justice Department has found that Toyota intentionally misled federal investigators and the public by concealing important evidence and refusing to address its vehicles’ problems with honesty. Between 2009 and 2010, nearly 9.4 million Toyota and Lexus vehicles were ultimately ...

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Toyota Pays Record Fine For Safety Regulations Violation

Rubric: Toyota Fine | 18 Апр 2015 | no comments yet »
Toyota Pays Record Fine For Safety Regulations Violation

Follow Us Through Social Media January 26, 2013 /24-7PressRelease/ — Drivers put a lot of trust in automakers when they purchase vehicles. People rely on auto manufacturers to design and produce vehicles that are safe and reliable. When car makers fail to meet their duty to make safe vehicles, auto accidents happen and people suffer injuries. As such, auto manufacturers are supposed to let consumers know when a problem exists with their products. In December 2012, a federal agency announced that Toyota Motor Corp. will pay record-high civil fines for failing to report defects in some of its vehicles. Reporting safety defects Federal law requires auto manufacturers to report known safety ...

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Toyota: We Lied About Acceleration Glitches, Twice

Rubric: Toyota Fine | 15 Апр 2015 | no comments yet »
Toyota: We Lied About Acceleration Glitches, Twice

Toyota: We Lied About Acceleration Glitches, Twice A 2005 Toyota Prius that crashed into a stone wall in suburban New York. The driver claimed the hybrid sped up on its own. Image: Seth Wenig/Associated Press By Todd Wasserman 2014-03-19 15:42:59 UTC The U.S. Attorney’s Office fined Toyota $1.2 billion on Wednesday because it lied about two incidents that led to unintended acceleration in its vehicles in 2009 and 2010. The fine, the largest that the U.S. Department of Justice has ever levied against an automaker, is subject to judicial review. The DOJ deferred prosecution against Toyota after the company admitted that it misled U.S. consumers about defective floor mats and sticky ...

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Toyota Cars in India — Prices, Reviews, Photos & More — CarWale

Rubric: Toyota Fine | 13 Апр 2015 | no comments yet »
Toyota Cars in India — Prices, Reviews, Photos & More — CarWale

Toyota Cars Not sure which Toyota car to buy? Helps you choose the right car for you Recommend Me a Car About Toyota Toyota was founded by Kiichiro Toyoda in 1937 as a spinoff from his father»s company Toyota Industries to create automobiles. Three years earlier, . read more Toyota was founded by Kiichiro Toyoda in 1937 as a spinoff from his father»s company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota is the seventh largest company in the world and the second largest manufacturer of automobiles, ...

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Toyota: No monitor named yet to oversee deferred prosecution | The Detroit News

Rubric: Toyota Fine | 11 Апр 2015 | no comments yet »
Toyota: No monitor named yet to oversee deferred prosecution | The Detroit News

Toyota: No monitor named yet to oversee deferred prosecution New York — Toyota Motor Corp. executives said a monitor to oversee a deferred prosecution agreement with the Justice Department over the automaker’s handling of sudden acceleration complaints hasn’t been named yet. On March 19, the Japanese automaker agreed to a $1.2 billion settlement to settle a four-year-investigation imposing the largest-ever fine on automaker in U.S. history after it was charged with a single felony count of wire fraud. Toyota’s U.S. division chief Bill Fay said the company was eager to put the more than four-year issue behind it. “It was time for the company to move on — I think that was the basic ...

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Attorney Patrick Bailey Hopes for Increased Focus on Safety as a Result…

Rubric: Toyota Fine | 11 Апр 2015 | no comments yet »
Attorney Patrick Bailey Hopes for Increased Focus on Safety as a Result…

Attorney Patrick Bailey Hopes for Increased Focus on Safety as a Result of GM and Toyota Recall Cases The recent Toyota settlement and ongoing GM recall indicate to Los Angeles Attorney Patrick Bailey that increased oversight of the automotive industry may be on the way. I am glad to see that the fines have increased for violations and maybe these fines will continue to increase and force these types of massive corporations to take notice. Los Angeles, CA. (PRWEB) March 29, 2014 The Justice Department made the announcement on Wednesday, March 19 that Toyota has recently agreed to pay the largest fine ever imposed on an automotive company. Los Angeles Personal Injury and Defective Products ...

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Toyota cars catalog with specifications, pictures, ratings, reviews and discusssions about cars Toyota.