December 18th, 2012
08:48 AM ET

Toyota to pay record fine over safety problems

Toyota Motor has agreed to pay a record $17.4 million to the National Highway Traffic Safety Administration for safety problems that led to a 2012 recall of some of its Lexus RX350 models, CNNMoney reports.  That's the largest fine allowed by law for a single investigation.

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Filed under: Automobiles
soundoff (5 Responses)
  1. banasy©

    I've never cared for the Lexus line.

    December 18, 2012 at 9:56 am | Report abuse | Reply
  2. Good, but...

    Congress needs to raise the limit on that fine.

    December 18, 2012 at 11:23 am | Report abuse | Reply
  3. Portland tony

    I'm sure this fine hurts their bottom line!

    December 18, 2012 at 12:20 pm | Report abuse | Reply
  4. Hide Behindp

    pray tell, where does the money go?
    If the fine is earmarked whose ears are marked?
    If it is put in bank whose bank is it?
    Whose name on the bottom of check and who is not getting a penny of it if they own a Lexus?

    December 18, 2012 at 1:27 pm | Report abuse | Reply
  5. grants for school

    I really like it whenever people get together and share views.
    Great blog, stick with it!

    April 8, 2014 at 8:11 pm | Report abuse | Reply

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