Toyota FJ Cruiser Concept (Japan) — auto cars by allcarindex.com

Rubric: Toyota Fine | 16 Июн 2015 | no comments yet »
Toyota FJ Cruiser Concept (Japan) — auto cars by allcarindex.com

Selected model details: Toyota FJ Cruiser Concept (Japan) Description: Original name: トヨタFJ クルーザー コンセプト Toyota Exhibits SUV Hybrid Concept at Detroit Motor Show SU-HV Powered by New ‘Hybrid Synergy Drive’ Hybrid System TokyoTOYOTA MOTOR CORPORATION (TMC), at the 2003 North America International Auto Show (NAIAS) in Detroit, U.S.A. unveiled today (Jan. 7 local time) the SU-HVan SUV concept vehicle featuring Toyota’s new Hybrid Synergy Drive hybrid system. TMC President Fujio Cho presented the vehicle during the Toyota corporate press briefing at the show. The newly developed Hybrid Synergy Drive represents an evolutionary leap in hybrid technology ...

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Toyota Is Fined $1.2 Billion for Concealing Safety Defects — NYTimes.com

Rubric: Toyota Fine | 15 Июн 2015 | no comments yet »
Toyota Is Fined $1.2 Billion for Concealing Safety Defects — NYTimes.com

Toyota Is Fined $1.2 Billion for Concealing Safety Defects Holder Discusses Toyota’s Settlement Attorney General Eric H. Holder Jr. announced that Toyota had reached a $1.2 billion deal with the Justice Department to settle a four-year criminal investigation. Eric H. Holder Jr. the United States attorney general, talked in impassioned tones on Wednesday about Toyota’s behavior in hiding safety defects from the public, calling it “shameful” and a “blatant disregard” for the law. A $1.2 billion criminal penalty, the largest ever for a carmaker in the United States, was imposed. Mr. Holder said the department’s four-year investigation of Toyota found that the company concealed ...

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Toyota pays $1.2 billion to escape prosecution for defect deaths and injuries…

Rubric: Toyota Fine | 14 Июн 2015 | no comments yet »
Toyota pays $1.2 billion to escape prosecution for defect deaths and injuries…

Published by the International Committee of the Fourth International (ICFI) Toyota pays $1.2 billion to escape prosecution for defect deaths and injuries By James Cogan 21 March 2014 The US Justice Department announced on Wednesday that Toyota will pay a $1.2 billion fine in exchange for a criminal fraud charge being “deferred” for three years and ultimately dropped. The settlement stems from a protracted cover-up by Toyota of safety problems arising from driver-side floor mats and accelerator systems installed in numerous models. US Attorney General Eric Holder told journalists: “Rather than promptly disclosing and correcting safety issues about which they were aware, Toyota made ...

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Justice Department could use $1.2B Toyota fine as template across industries…

Rubric: Toyota Fine | 13 Июн 2015 | no comments yet »
Justice Department could use $1.2B Toyota fine as template across industries…

Justice Department could use $1.2B Toyota fine as template across industries By Reuters Published: Wednesday, March 26, 2014, 12:01 a.m. WASHINGTON — Federal prosecutors are considering using the legal theory behind a $1.2 billion penalty imposed on Toyota to go after misconduct in industries ranging from auto and airplane makers to mining, a Justice Department official told Reuters. The charges of wire fraud against Toyota for concealing safety problems marked the first criminal case of its kind against an auto company. The announcement last week of the settlement between the Department of Justice and Toyota immediately prompted speculation about its ramifications for General Motors, ...

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Toyota near $1 billion payout | SouthCoastToday.com

Rubric: Toyota Fine | 10 Июн 2015 | no comments yet »
Toyota near $1 billion payout | SouthCoastToday.com

Popular Today Here’s how Toyota Motor Corp. plans to finally put the sudden-acceleration issue to rest: Pull out the checkbook. The automaker is reportedly close to paying a $1 billion fine to settle a four-year federal criminal investigation into whether it properly reported safety complaints to regulators. Meanwhile, Toyota’s lawyers are in settlement talks over hundreds of civil lawsuits alleging wrongful deaths or injuries, potentially adding hundreds of millions to the tab. Previously, Toyota agreed to pay $1.6 billion to settle a class-action case brought by thousands of Toyota owners who contended that sudden-acceleration problems damaged the value of their vehicles. The ...

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Toyota: Corporate Rap Sheet | Corporate Research Project

Rubric: Toyota Fine | 6 Июн 2015 | no comments yet »
Toyota: Corporate Rap Sheet | Corporate Research Project

Toyota: Corporate Rap Sheet Toyota By Philip Mattera Toyota used its professed obsession with quality and efficiency to turn itself into the world’s leading automaker, but a safety scandal that erupted in 2010 seriously damaged the company’s reputation. Toyota, whose chief executive apologized during an appearance before the U.S. Congress, later paid $1.2 billion to settle a federal criminal charge of trying to cover up the true cause of the problem. Toyota has managed to keep its heavily subsidized U.S. operations union-free, with the exception of a long-standing (but now defunct) joint venture with General Motors. The company has a much better reputation in the environmental arena, ...

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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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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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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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