NEW YORK: Toyota Motor Corp is predictable to pay a USD 16.38 million fine imposed by US authorities for deteriorating to speedily notify them of problems with accelerator pedals, but plans to deny intentionally covering up defects in its vehicles, US media reports said today.
The reports, citing an bureaucrat from the US Department of Transportation, came as the Japanese auto huge neared its Monday deadline on whether it would agree to pay the fine -- the largest civil penalty ever imposed on an automaker below US laws.
Toyota is possible to accept the fine in order to focus efforts on recovering consumer confidence rather than further dragging out the recall topic by battling the US government.
Previous this month, the US National Highway Traffic Safety Administration ordered Toyota to disburse the fine on the grounds that it delayed reporting to regulators and failed to issue a recall over defective gas pedals until January despite discovering the problems in late September.
Automakers are required to inform the NHTSA within five business days if they determine that a fault exists.
But Toyota has been negotiating with the US government on how it can disprove the claim that it deliberately hid the defects over sticky gas pedals since such an acknowledgement would harm its position as it faces a string of lawsuits by owners of Toyota vehicles.
The US safety regulator agency is also continuing its inquiry to see if there were additional violations that warrant more penalties on Toyota.
The company has recalled over 8 million vehicles internationally, including some of its top-selling models such as the Prius hybrid and the Camry, more problems with accelerator pedals, floor mats, and brakes that could reason sudden acceleration.
The reports, citing an bureaucrat from the US Department of Transportation, came as the Japanese auto huge neared its Monday deadline on whether it would agree to pay the fine -- the largest civil penalty ever imposed on an automaker below US laws.
Toyota is possible to accept the fine in order to focus efforts on recovering consumer confidence rather than further dragging out the recall topic by battling the US government.
Previous this month, the US National Highway Traffic Safety Administration ordered Toyota to disburse the fine on the grounds that it delayed reporting to regulators and failed to issue a recall over defective gas pedals until January despite discovering the problems in late September.
Automakers are required to inform the NHTSA within five business days if they determine that a fault exists.
But Toyota has been negotiating with the US government on how it can disprove the claim that it deliberately hid the defects over sticky gas pedals since such an acknowledgement would harm its position as it faces a string of lawsuits by owners of Toyota vehicles.
The US safety regulator agency is also continuing its inquiry to see if there were additional violations that warrant more penalties on Toyota.
The company has recalled over 8 million vehicles internationally, including some of its top-selling models such as the Prius hybrid and the Camry, more problems with accelerator pedals, floor mats, and brakes that could reason sudden acceleration.
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