Toyota to pay record fines for disclosure delay

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Someone pinch me, I must be dreaming. This is the thanks Toyota gets for
producing a better mouse trap.  We ought to make the Transportation
Dept. drive Detroit made 70's and 80's models for this decision.
    "The automaker's failure to promptly report defects brings federal
penalties that top $32 million."
http://www.latimes.com/business/la-fi-toyota-fine-20101221,0,2995009.story

Re: Toyota to pay record fines for disclosure delay

On 12/21/10 4:42 AM, Fat Dumb & Happy wrote:

What does this have to do with building better mousetraps? The fine was
for not reporting safety problems in a timely manner as required by law.

Re: Toyota to pay record fines for disclosure delay



Or to bring negative publicity to Toyota to sell more Government
Motors vehicles.
--
Mr.E

Re: Toyota to pay record fines for disclosure delay

Mr.E@totally.invalid wrote:

  Yep,  Toyota has provided a lot of Americans with reasonable cost
transportation and they broke GM, now the gov't decides to shut the barn
door.

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