Toyota and More Fines for Japanese Automaker

Japanese Automaker Toyota should not think that they are out of trouble just yet following their record fine as U.S. Transportation Secretary Ray LaHood has said that there is the possibility that Toyota will face more fines if they do not improve efforts over safety.

Toyota has not been out of the news all year — a result of an influx of recalls over a number of safety issues. The main recall was on the Prius Hybrid, but more have followed since — even spreading to its once bulletproof Lexus brand.

According to a report on Associated Press, LaHood has been happy with the progress that Toyota has made with improving communication with U.S. regulators. However, he now waits to see if these new measure are effective.

LaHood has warned that he would like to see more progress from Toyota, if not then more fines could be possible. We do find it strange that with the huge number of recalls in 2010, the Japanese automaker is still showing great promise in its stock prices, which you can read more about in the AP link above.

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Written by Peter Chubb

Peter has been writing on Product-Reviews since 2007 and in that time much has changed for him, like his hair having more grey than brown now. He loves gadgets and cars, and gets excited when big events come up, such as CES and the big auto shows.

Contact Peter Chubb: [email protected]

He started out working in a factory and dreamed of the day when he could become his own boss; That happened back in 2002 and he has never looked back since. Things have changed so much on the Internet in that time, but he has adapted well.

Contact Peter Chubb: [email protected]

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