Toyota is expected to agree to pay a US government imposed fine of almost USD16.4m for failing to promptly recall vehicles over accelerator pedal defects.
“By paying the full civil penalty Toyota is accepting responsibility for hiding the safety defect in violation of the law,” a senior US government official told AFP over the weekend.
Federal regulators say Toyota took too long to act after finding problems with accelerators.
The US Department of Transportation has said it is seeking “the maximum civil penalty of 16.375 million dollars against Toyota” after it failed to report its accelerator pedal safety defects in a timely manner.
Toyota had failed to report “the dangerous ‘sticky pedal’ defect for at least four months, despite knowing of the potential risk to consumers,” said the National Highway Traffic Safety Administration (NHTSA), the department’s watchdog.