Toyota agrees to pay $16.4m fine

BBC News

Japanese car maker Toyota has agreed to pay a record $16.4m to US safety regulators following recent safety concerns.

Toyota was asked to pay the fine for failing to inform the US government of safety concerns surrounding faulty accelerator pedals.

Millions of Toyotas were recalled earlier this year amid reports that the pedals could become stuck.

The fine is the largest ever handed out by the US transportation department.

Read More: http://news.bbc.co.uk/2/hi/business/8630447.stm

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