Toyota likely to pay $16.4 mln fine

16:49, April 19, 2010      

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An official in the U.S. Transportation Department said Sunday that the Japanese automaker Toyota is expected to pay a fine of more than 16.4 million U.S. dollars following its vast recall plans, according to news reports on Monday.

File photo shows a pedestrian passes by a Toyota showroom in New York, March 2, 2010. (Xinhua File Photo)

Monday is the deadline for Toyota to decide whether to accept or challenge the fine after claims it already knew of the pedal issues last September but did not issue a recall within five days as required by federal law, reported Associate Press.

The official, who spoke on condition of anonymity, said that Toyota is likely to pay the 16.4 million U.S. dollars fine within 30 days.

"We all have a strong sense of solidarity in tackling our common goal of raising quality from the customer standpoint," Toyota President Akio Toyoda said at the company's headquarters in Toyota a week ago.

The Japanese automaker has recalled more than 8 million vehicles worldwide because of a series of problems including braking issues in the Prius hybrid.



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