With Litigation on the Horizon, Toyota Saga Accelerates Into New Phase

By: Craig Carpenter (INFOcus)

The hits just keep on coming for Toyota Motor Corp, with this week being particularly cruel: first, the National Highway Traffic Safety Administration (NHTSA) announced Tuesday that they would levy a $16.4 million civil penalty on the car giant – the maximum allowed under federal law – for failing to notify the agency of a “sticky pedal” defect in its cars for at least four months.  According to the NHTSA, Toyota knew of sticky gas pedal problems since at least September, 2009.  Second and adding insult to injury is… (Read the full article)