|
|
#1 |
|
Moderator
|
NHTSA Would Have Fined Toyota More If Allowed
Some have said that $16 million was enough for what Toyota has done, but the agency responsible for safety has decided otherwise, announcing that the tally would have been $13.8 billion had the law not limited them to a fine of $16 million. It is still possible for more fines to be issued if the NHTSA can determine that there have been multiple sources of Toyota's woes.
Article is by Leftlane News. Discuss.
__________________
RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet//
Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban |
|
|
|
|
|
#2 |
![]() Drives: 2010 Camaro SS Join Date: Jan 2010
Location: Big Lake, MN
Posts: 392
|
Wow! That would have been a heck of a fine.
__________________
|
|
|
|
|
|
#3 |
|
Moderator
|
It certainly seems more appropriate for the amount of damage they've done in the process of covering up their failures, developing dangerous products, misleading the public, causing families to lose their loved ones, and avoiding expensive recalls for half-measures that did nothing to solve problems.
__________________
RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet//
Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban |
|
|
|
|
|
#4 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2000 Mustang GT Join Date: Jul 2009
Location: Elgin,SC
Posts: 2,707
|
They talk a big game.
|
|
|
|
|
|
#5 |
|
Moderator.ca
|
Hmm, I wonder ... could they issue a series of individual fines? One for each model, for each unintended acceleration related recall?
__________________
Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
|
|
|
|
|
#6 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2016 Mazda6, 2011 Mustang 5.0 Join Date: Mar 2010
Location: Portage, Wisconsin
Posts: 4,049
|
I can't imagine how they got that number. Why stop at $13.8 billion. Why not 800 billion, kagillion, thousand, madeup figure, and two cents? One arbitrary figure makes as much sense as any other (even if it isn't real). I really can't get beyond the irony of who is levying the fine for misleading the public.
Seriously though, I've never been a fan of Toyota and always knew that their undeserved reputation of superiority would crash eventually. I just didn't think it would be this spectacular. As always, the real fine will eventually be paid in the marketplace (and in Toyota's case in court too).
__________________
2022 1SS 1LE (Arrived 4/29/22)
"The car is the closest thing we will ever create to something that is alive." |
|
|
|
|
|
#7 |
|
Moderator.ca
|
I'm sure they have reasoning for 13.8 billion. Just because it isn't explained fully in a 500 page document released to the public doesn't mean its arbitrary.
__________________
Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
|
|
|
|
|
#8 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2016 Mazda6, 2011 Mustang 5.0 Join Date: Mar 2010
Location: Portage, Wisconsin
Posts: 4,049
|
Was it really 500 pages long?
__________________
2022 1SS 1LE (Arrived 4/29/22)
"The car is the closest thing we will ever create to something that is alive." |
|
|
|
|
|
#9 |
|
Moderator.ca
|
that was an arbitrary number that I felt appropriate for a big government report.
yes yes, I see the irony in using an arbitrary number to counter accusations about the usage of arbitrary numbers.
__________________
Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
|
|
|
|
|
#10 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
$13.8 Billion sounds about right.
|
|
|
|
|
|
#11 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Yeah but how much would have been the fine the AIG and all those big others financial power houses that took the world economy to hell , and the US tax payer [ AKA] GOVERNMENT INSTED give them more [of our money]
|
|
|
|
|
|
#12 | |
|
Moderator.ca
|
Quote:
Could you please rephrase that? I'm not sure I understand what your point is.
__________________
Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
|
|
|
|
|
|
#13 |
|
Camaro➎ moderator
|
|
|
|
|
|
|
#14 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2005 STi corn fed Join Date: Jul 2008
Location: Colorado
Posts: 2,997
|
I hate Toyota as much as the next guy, but fining is not the way to solve this problem. The people that knew about the issues and did nothing won't be effected by this nearly as much as the little guys working for Toyota that didn't do shit wrong. The people that knew and let it slide need to go to prison, but I guess this is just another example of, "we don't send rich people to prison."
|
|
|
|
![]() |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Toyota Discredits Electronical Unintended Accleration Claim | a_Username | General Automotive + Other Cars Discussion | 14 | 03-08-2010 10:05 PM |
| Consolidated Toyota Recall/Safety thread | Rallysport | General Automotive + Other Cars Discussion | 382 | 03-01-2010 05:42 PM |
| Toyota recalls 3.8 million vehicles | TheClassicCarKid | General Automotive + Other Cars Discussion | 71 | 10-15-2009 07:30 PM |
| Looks like Toyota is in a heap of trouble | Super83Z | General Automotive + Other Cars Discussion | 49 | 09-02-2009 10:08 AM |
| Toyota fears U.S. backlash over gains | KILLER74Z28 | General Automotive + Other Cars Discussion | 6 | 02-14-2007 08:49 PM |