Battered yet again by a series of embarrassing recalls, accusations of a cover-up and its collapse in a widely-watched quality survey, Toyota is taking an unusual step it hopes will bring things back under control.
Just yesterday, we told you that Toyota was reportedly set to pay the full $16.4 million fine to the U.S. government, so long as the automaker would not be required to admit any wrongdoing. Well, the 'T's have been crossed, the 'I's have been dotted, and the official statements have been released. The largest civil fine ever issued to an automaker by the U.S. government will be paid by way of electronic funds transfer, and will take place within the next 30 days. For what it's worth, The Detroit