Japan Toyota announced the acceptance of the United States Government fines
-- (Xietao) Toyota car last night announced that the company agrees to accept the United States National Highway Safety Administration (NHTSA) of 1637 million fine. NHTSA said earlier this month, Toyota car troubles but knowing that it was not timely report on Toyota's ticket to reach the United States law on vehicle manufacturers for punishment.
Toyota said in a statement, "we agreed to accept the penalty is to avoid protracted litigation and disputes, and turn our attention to providing customers with secure, reliable, high-quality vehicles. "But the Toyota denies the NHTSA to hide car troubles of allegations," Toyota does not violate the Act and its regulations. "Toyota pointed out in the Declaration.
There are media reports claimed that, although in view of the size of Toyota, the amount of the fine to a large extent, merely symbolic, but analysts warned that this will prejudice to Toyota in the face of a civil action in the ability to defend themselves.
(The Beijing News)