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There hasn’t been as much in the news these days about Toyota and the unintended acceleration cases that exploded late last year. However, the federal government has been quietly conducting their investigations, and the results are in.
According to findings, Toyota failed to comply with requirements of the National Traffic and Motor Vehicle Safety Act when they failed to report safety defects to the NHTSA. As a result they have been issued two fines, one for $16.375 million and another for $16.050 million – a total of $32.425 million in fines.
The first fine was after a NHTSA investigation found that Toyota did not notify NHTSA within 5 business days of determining that a safety defect existed with the floor mat and accelerator pedal design, which they are required to do under law. They are also required to promptly conduct a recall after notifying NHTSA.
The second fine related to problems that some Toyota models had with losing steering control. In this situation Toyota again failed to notify the NHTSA within 5 days of finding a defect, and they also failed to issue a recall in a timely manner. In fact, Toyota knew about the steering issue in 2004, six years before the full truth came to light this year.
In all, for 2010 Toyota now owes the federal government $48.8 million in fines, which they are required to pay into the Treasury Department’s General Fund.
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