Toyota agrees record $32.4m US fine over recalls
Baku, December 22 (AZERTAC). Toyota has agreed to pay a record fine in the US of $32.4m (£20.8m) over its handling of millions of car recalls.
This is the second big fine the world`s largest carmaker will pay to US authorities, after agreeing a $16.4m penalty in April.
The carmaker said it was "pleased to have resolved these legacy issues", but did not admit any violations of US law.
Toyota has recalled more than 10 million cars worldwide since September last year, issuing 14 recalls in 2010.
The latest fine also refers to recalls made in 2005 concerning steering defects in nearly one million vehicles.
"These agreements are an opportunity to turn the page to an even more constructive relationship with the [US] National Highway Safety Administration [NHSA] and focus even more on listening to our customers and meeting their high expectations for safe and reliable vehicles," said Steve St Angelo, Toyota`s chief quality officer in North America.
He added that the carmaker had "substantially strengthened" its ability to investigate customer concerns in recent months.
US Transportation Secretary Ray LaHood also said he was "pleased that Toyota agreed to pay the maximum possible penalty".
Other news in this section
