Toyota Fined by the Government

Toyota Motor Corp. is being fined by the Federal Government for not informing them is the correct time frame about the gas pedal defect in some of their vechicles.

The federal law mandates that an automaker must inform the federal government of a safety defect in their cars in five business days, which Toyota failed to do.

There is evidence saying that Toyota knew about the safety problems as early as last September but did not issue a recall until January of this year.

The fine will cost Toyota a total of $16,400,000 which is the largest fine ever imposed on an automaker by the federal government