Breaking News: Toyota Agrees to Pay $16.4 million for Delayed Gas Pedal Warning

A Transportation Department official says Toyota is expected to agree to a fine of more than $16 million for a four-month delay in telling the government about defective gas pedals on its vehicles. Toyota faces a Monday deadline to accept or contest a record $16.4 million fine over evidence it knew about sticking gas pedals in September but did not issue a recall until January. The Transportation official was not authorized to speak publicly and spoke only on condition of anonymity. The official said Toyota is expected to pay the full amount of the assessed fine and avoid contesting it in court. (Copyright 2010 by The Associated Press. All Rights Reserved.) APNP 04-18-10 2059CDT

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