The Economic Times
Toyota Motor said on Tuesday it aims to lift group global sales by three percent next year on the expectation that robust overseas sales will offset sagging Japanese demand. The Japanese automaker said it expects to sell 8.61 million vehicles in...
Channel NewsAsia
The two penalties come on top of Toyota's record 16.4-million-dollar fine assessed in April to settle claims the automaker hid accelerator pedal defects blamed for dozens of deaths. Toyota issued a series of mass recalls of around 10 million vehicles...
Merced Sun-Star
Toyota Motor Corp. has agreed to pay the U.S. government a record $32.4 million in additional fines to settle an investigation into its handling of two recalls at the heart of its safety crisis. The civil penalties will settle investigations into how...
Los Angeles Times
Prior to this year, the largest penalty against a car company was $1 million, paid by General Motors in 2004 for delaying a windshield wiper recall. The fines, announced by the government late Monday, were the latest blow to a company that was long...
The Orange County Register
Previous Post Toyota Motor Corp. has agreed to pay the government a record $32.4 million in additional fines to settle an investigation into its handling of two recalls at the heart of its safety crisis. The Transportation Department said late today...
International Herald Tribune
Toyota on Monday agreed to pay two more fines, totaling $32.4 million, for failing to swiftly recall millions of defective vehicles, the Transportation Department said. Add to Portfolio The fines are the maximum allowed by law and are in addition to...