Reuters: U.S.: Toyota to pay record $17.35 million fine for U.S. defect reporting lapse

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Toyota to pay record $17.35 million fine for U.S. defect reporting lapse Dec 18th 2012, 12:12 Tweet Share this Email Print Related News Toyota to pay record $17.35 mln fine for U.S. defect reporting lapse 7:03am EST Honda to recall 871,000 vehicles for roll-away problem Wed, Dec 12 2012 HSBC to pay $1.9 billion U.S. fine in money-laundering case Tue, Dec 11 2012 UPDATE 6-HSBC to pay $1.9 bln U.S. fine in money-laundering case Tue, Dec 11 2012 Related Topics Investing Simplified » U.S. » A visitor is reflected on a Toyota car at the company's showroom in Tokyo October 18, 2012. Credit: Reuters/Toru Hanai Tue Dec 18, 2012 7:12am EST (Reuters) - Toyota Motor Corp has been ordered to pay a record fine of $17.35 million for failing to report a safety defect to the U.S. government in a timely manner, the U.S. Department of Transportation said. The fine is the highest civil penalty ever paid by a single automaker to the department's National Highway Traffic Safety Administration for violations related to a recall, the department said on Tuesday. (Reporting by Bijoy Koyitty in Bangalore; Editing by Don Sebastian) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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