Parker Waichman LLP

Toyota Will Pay Record Fine

Toyota Agree To Pay Record Fine. A source with the National Highway Traffic Safety Administration (NHTSA) has told the Associated Press that Toyota will agree to pay a record fine for failing to inform the government about faulty gas pedals in a timely manner. The penalty – $16.375 million –  is the largest ever to be […]

Toyota Record Fine

Toyota Agree To Pay Record Fine. A source with the National Highway Traffic Safety Administration (NHTSA) has told the Associated Press that Toyota will agree to pay a record fine for failing to inform the government about faulty gas pedals in a timely manner. The penalty – $16.375 million –  is the largest ever to be assessed against an automaker by the NHTSA.

Automakers are legally obligated to tell U.S. safety regulators within five days if they determine a safety defect exists. However, according to an April 5 letter from the NHTSA to Toyota, documents obtained from Toyota show that the company knew of the sticky pedal defect since at least September 29, 2009.  It wasn’t until January 2010 that the automaker recalled more than 2 million vehicles because the pedals could potentially stick, causing sudden, unexpected and dangerous acceleration.

“We now have proof that Toyota failed to live up to its legal obligations,” Transportation Secretary Ray LaHood said in a statement announcing the record fine. “Worse yet, they knowingly hid a dangerous defect for months from U.S. officials and did not take action to protect millions of drivers and their families. For those reasons, we are seeking the maximum penalty possible under current laws.”

Toyota Contest The NHTSA Fine

Toyota has until today to contest the NHTSA fine. However, an anonymous source with the agency told the Associated Press that the automaker is expected to pay the full amount of the assessed fine within 30 days as a means of avoiding going to court against the government. While the source said Toyota is not expected to explicitly accept liability, it would be the government’s viewpoint that an agreement to pay the full fine “constituted acceptance of responsibility for hiding the safety defect in violation of the law.”

Since last fall, Toyota has recalled more than 8 million vehicles worldwide for problems involving sudden acceleration. Toyota has blamed the speed control issues on defective floor mats and faulty gas pedals. In the U.S., five deaths have occurred in auto accidents involving the unintended acceleration of a Toyota or Lexus vehicle.

Last August, a California Highway Patrol trooper and three members of his family were killed in such a crash in San Diego County, just south of Orange. Dozens of other fatalities over the past decade alleged to be the result of Toyota unintended acceleration crashes are currently being investigated by the NHTSA.

Need Legal Help Regarding Toyota Record Fine?

The personal injury attorneys at Parker Waichman LLP offer free, no-obligation case evaluations. For more information, fill out our online contact form or call 1-800-YOURLAWYER (1-800-968-7529).

Our auto accident law firm is here to help you when you need it the most.

What Our Clients Say About Us
We have worked with thousands of clients and we appreciate them and their positive reviews. Here are just a few recent client reviews...
5 Star Reviews 150
very good
ronald hernandez
7 years ago
5 Star Reviews 150
Positive: Professionalism Christina (Tina) Paralegal is a true professional and has excellent customer service skills. Tina is friendly and helpful with my case. Tina also is respectful and compassionate toward me. I have refer others to Parker Waichman LLP. Thank you
Jacqueline D Bryce
2 years ago
5 Star Reviews 150
I would like to thank both Benita Rollis and Shelly Davis for the wonderful job that they have done for me. They made it easy and helped through the hard times. Thank you both. Steven Lubowsky
Steven Lubowsky
a year ago

Why Choose Us to Help You?

We Take Care of Everything
Your situation is stressful enough: Let us take on the deadlines, paperwork, investigation, and litigation. We'll handle every detail so you don't have to worry.
No Recovery = No Legal Fees
We work on a contingency-fee basis, meaning that we only get paid from a portion of your settlement or jury award. If you don't get compensation, you owe us nothing.
Decades of Experience
Your situation is stressful enough: Let us take on the deadlines, paperwork, investigation, and litigation. We'll handle every detail so you don't have to worry.
Respected by Our Peers
Judges, insurance adjusters, and fellow attorneys all speak highly of our skills, and we've earned numerous accolades, including a flawless rating from AVVO.
We Have Many Locations To Serve You
We have the experience and the skilled litigators to win your case. Contact us and speak with a real attorney who can help you.
Long Island – Nassau
Parker Waichman LLP
6 Harbor Park Drive
Port Washington, NY 11050
Long Island – Suffolk
Parker Waichman LLP
201 Old Country Road – Suite 145
Melville, NY 11747
New York
Parker Waichman LLP
59 Maiden Lane, 6th Floor
New York, NY 10038
Queens
Parker Waichman LLP
118-35 Queens Boulevard, Suite 400
Forest Hills, NY 11375
Brooklyn
Parker Waichman LLP
300 Cadman Plaza West
One Pierrepont Plaza, 12th Floor
Brooklyn, NY 11201
New Jersey
Parker Waichman LLP
80 Main Street, Suite 265
West Orange, NJ 07052
Florida
Parker Waichman LLP
27299 Riverview Center Boulevard
Suite 108
Bonita Springs, FL 34134
Nationwide Service
Parker Waichman LLP
59 Maiden Lane, 6th Floor
New York, NY 10038