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Toyota Agrees to $16.4M Fine for Hiding Pedal Defects

HeadlineApr 19, 2010

The auto giant Toyota has agreed to a $16.4 million fine for hiding safety flaws in pedals sold in over two million vehicles. The fine is the most allowed by law and would be the largest ever paid by an automaker. It could have totaled over $13 billion if not for the $16.4 million dollar cap. The Transportation Department says it’s considering imposing a second maximum fine over another set of defects related to the pedals.

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