The National Highway Traffic Safety Administration (NHTSA) has already levied the largest fine of its kind in U.S. history -- $16.4 million -- against Toyota for its failure to immediately recall vehicles with sticking accelerator pedals.
But that’s not the end of it. U.S. Transportation Secretary Ray LaHood said yesterday that NHTSA is considering whether to impose more fines based on its ongoing investigation.
“The Transportation Department is still reviewing 500,000 documents turned over from Toyota in the wake of its recalls of 6 million vehicles in the United States over sudden acceleration issues,” notes the Detroit News.
While the first fine already reaches the maximum amount allowed against automakers, lawmakers are looking at changing that law.
But whether NHTSA levies additional fines against Toyota is yet to be seen. “No word on when the NHTSA’s investigation will conclude,” notes Left Lane News.
Even additional fines probably won’t be the last of Toyota’s financial worries.
“Toyota still faces hundreds of lawsuits and has recently issued a string of new recalls over other safety issues,” concludes the Detroit News.