With Toyota Motor Company’s quality control, safety and legal problems continuing to worsen, the world’s largest automaker suffered a new setback recently with the announcement that the federal government has hit the company with a huge fine. The Transportation Department recently issued the record $16.4 million fine to the company for hiding a “dangerous defect” and failing to act in a timely manner to alert regulators to safety problems in several of its models. Toyota is reportedly weighing its options and must decide whether to accept the fine, which would amount to admitting that they did something wrong or contesting the fine and taking on even more negative publicity.
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As new data continues to surface about Toyota, and why many of its recalled cars tend to accelerate out of control, Toyota representatives went before the U.S. House Committee on Oversight and Government Reform Wednesday, Feb. 24. The testimony of Akio Toyoda, the company’s president, and other staff, was the second in two days, as Toyota officials presented to other panels Tuesday, Feb. 23.
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This article published in the New York Times recently reports that Ray LaHood, Secretary of the U.S. Department of Transportation, has retracted a statement that he made recently regarding Toyota automobiles and the company’s massive recall of many models. The statement that caused LaHood to issue his clarification was one that he made recently, telling Toyota owners to “stop driving it, take it to a Toyota dealer because they believe they have a fix for it.”
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