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To make matters worse for Toyota, the company faces a multimillion-dollar fine from the federal government for failing to issue a recall in a timely manner. As a matter of law, automakers that fail to issue recalls for defective vehicles in a timely manner are subject to fines of up to $16.4 million.<\/p>\n
\u201cWe have not received any official communication from NHTSA so we are unable to comment at this time,\u201d Toyota spokeswoman Cindy Knight said with regard to the potential fine.<\/p>\n
In a statement on Wednesday, Ray LaHood said that the Transportation Department will continue to review possible defects and monitor recalls, and that it took a massive effort on the part of the government to get Toyota to cooperate thus far.<\/p>\n
<\/span><\/p>\n The the $16.4 million fine remains available to the DOT, the biggest one assessed to date is a $1 million fine to GM involving 581,344. Though it has never been imposed, the agency also reserves the ability to fine dealers up to $6,000 per vehicle that they sell despite knowledge that it is defective.<\/p>\n – By: Stephen Calogera<\/em><\/p>\n Source: Automotive News<\/a> (Subscription Required)<\/p>\n To make matters worse for Toyota, the company faces a multimillion-dollar fine from the federal government for failing to issue a recall in a timely manner. As a matter of law, automakers that fail to issue recalls for defective vehicles in a timely manner are subject to fines of up to $16.4 million. \u201cWe have […]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-655709","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2KzX","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/655709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=655709"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/655709\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=655709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=655709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=655709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/img><\/a>
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