Recent Topics
Vinegar ok to clean out swamp cooler lines?
by paulri
5 minutes 6 seconds ago
More on ASRC Fluid
by BrianF
26 minutes 0 seconds ago
Milesyn SXR 5w30
by Vlad_the_Russian
37 minutes 15 seconds ago
Downside for aftermarket OPE starters like this?
by mrsilv04
Today at 04:28 PM
2015 Chevy Traverse: severe sludge
by car51
Today at 03:55 PM
Striker fired pistol?
by Camprunner
Today at 03:13 PM
'Used' cars with delivery miles
by vinu_neuro
Today at 03:11 PM
139 MPH nut case
by CourierDriver
Today at 03:05 PM
Mountain, Snowflake?
by Camprunner
Today at 03:02 PM
M1 0w40, 9819 miles, 2010 BMW 328i
by Patman
Today at 02:46 PM
Opinion on used tires - BridgeStone Blizzak
by pacem
Today at 02:41 PM
GM recommendation: 15w50 for track driving
by dparm
Today at 01:15 PM
Fuel Pump Maintenance Tips
by Speak2Mountain
Today at 01:13 PM
Oil suggestions for 2017 Tacoma with 2TR-FE
by Matt_V
Today at 12:57 PM
Coolant update: 1996 Ford Bronco 302
by Sundodger
Today at 12:53 PM
HDEO 5w-40 vs Porsche A40 in 911 3.4 - Oil Foaming
by BufordTJustice
Today at 12:42 PM
Transmission pan gasket
by mickalo
Today at 12:41 PM
Which Tire Repair Kit?
by BlindBaby
Today at 12:23 PM
You know your car isn't driven often when...
by Astro14
Today at 12:16 PM
Strange brake feeling in my Accord
by Bottom_Feeder
Today at 12:12 PM
Newest Members
perplexed, TroyHayesDoyle, blueeyedme, anomalia, pack_run
61982 Registered Users
Who's Online
95 registered (A310, 03s, 02s4audi, 555, 2009Edge, 69GTX, 8 invisible), 2410 Guests and 18 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
61982 Members
66 Forums
267122 Topics
4418009 Posts

Max Online: 3590 @ 01/24/17 08:07 PM
Donate to BITOG
Page 1 of 6 1 2 3 4 5 6 >
Topic Options
#3317104 - 03/19/14 02:54 PM Toyota pays $1.2-billion federal fine
tenderloin Offline


Registered: 12/16/02
Posts: 6382
Loc: Huntington Beach, CA

Top
#3317136 - 03/19/14 03:44 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
friendly_jacek Offline


Registered: 05/04/03
Posts: 6541
Loc: southeast US
Nice.
Now, how much GM should pay then.

Top
#3317170 - 03/19/14 04:09 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
wallyuwl Offline


Registered: 06/02/09
Posts: 1653
Loc: Lexington, KY
That's a lot of money. I don't trust Toyota, and haven't even looked at their options for our soon-to-be-purchased new vehicle.

Top
#3317173 - 03/19/14 04:12 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
KCJeep Offline


Registered: 06/30/11
Posts: 6739
Loc: Mahzurrah!
Not some media spin but according to the FBI:

“Toyota put sales over safety and profit over principle,” said George Venizelos, assistant director of the FBI. “The disregard Toyota had for the safety of the public was outrageous. Not only did Toyota fail to recall cars with problem parts, they continued to manufacture new cars with the same parts they knew were deadly.”

And:

“Rather than promptly disclosing and correcting safety issues about which they were aware, Toyota made misleading public statements to consumers and gave inaccurate facts to members of Congress,”

Why some otherwise red blooded Americans think Toyota walks on water is beyond me. You won't find many saints in the car building business, or oil business for that matter, but the Toyota/Honda Kool aid drinkers I run into make no sense at all to me.
_________________________
04 Jeep Grand Cherokee 4.0 142k - Edge 0w40
09 Lincoln MKZ AWD 79k - Magnatec 5w30
12 KIA Sedona 74k - Edge 0w40
09 Ford Focus 123k - QSUD 5w30

Top
#3317176 - 03/19/14 04:15 PM Re: Toyota pays $1.2-billion federal fine [Re: friendly_jacek]
Hermann Offline


Registered: 08/10/05
Posts: 2438
Loc: Kansas City
Originally Posted By: friendly_jacek
Nice.
Now, how much GM should pay then.


Looks like GM is on the hook for $30-$60 billion, if they have to pay the same amount per death. Looks like bailout time again.
_________________________
2008 Tacoma SR-5 Access Cab I-4 5-sp manual-5w-30 Valvoline Maxlife Full Syn-MC FL-910s filter
1991 BMW R100GS 20w-50 Maxlife & Mahle OX36D filter

Top
#3317179 - 03/19/14 04:18 PM Re: Toyota pays $1.2-billion federal fine [Re: Hermann]
RISUPERCREWMAN Offline


Registered: 07/29/08
Posts: 1042
Loc: RHODE ISLAND
Originally Posted By: Hermann
Originally Posted By: friendly_jacek
Nice.
Now, how much GM should pay then.


Looks like GM is on the hook for $30-$60 billion, if they have to pay the same amount per death. Looks like bailout time again.


Yup GM has surely got some serious issues comming up!
_________________________
2014 Ram 2500 HD 5.7 Hemi 4x4 10K miles
8'Boss SuperDuty Plow
2015 Harley Davidson Ultra Limited 3K miles
2009 Toyota V6 XLE Camry 55K miles

Top
#3317180 - 03/19/14 04:19 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
Cristobal Offline


Registered: 01/02/11
Posts: 2392
Loc: In The Region Between
Toyota got their hands caught in the cookie jar by the bear trap at the bottom of it.
_________________________
Surrounded by ferocious, snarling, & spoiled Poodles!





Top
#3317185 - 03/19/14 04:25 PM Re: Toyota pays $1.2-billion federal fine [Re: Hermann]
Silverado12 Online   content


Registered: 02/26/13
Posts: 2425
Loc: Central Virginia
Originally Posted By: Hermann
Originally Posted By: friendly_jacek
Nice.
Now, how much GM should pay then.


Looks like GM is on the hook for $30-$60 billion, if they have to pay the same amount per death. Looks like bailout time again.


Apparently GM didn't lie about the problems like Toyota, but who knows.
_________________________
12 Chevy Silverado ext. cab LS, 2WD 4.3 auto
15 Chevy Cruze 1LT auto
07 Harley Dyna Street Bob 96 c.i. 6 sp.
00 Mustang GT auto

Top
#3317186 - 03/19/14 04:25 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
sciphi Offline


Registered: 03/24/07
Posts: 10008
Loc: Upstate NY
And somebody takes yet another bash at GM. Start your own thread, don't pollute this one!

Good on the feds for making Toyota pay. Let the other makers doing similar/identical behavior be treated the same way.
_________________________
2013 Toyota RAV4 XLE
2012 Chevrolet Cruze Eco

Top
#3317189 - 03/19/14 04:28 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
morepwr Offline


Registered: 01/17/12
Posts: 1722
Loc: ventura, ca
Where does the money they pay in fines go? Not that I really care either way but just curious.

Top
#3317202 - 03/19/14 04:45 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
gman2304 Offline


Registered: 08/11/11
Posts: 2210
Loc: n.c.
I'll take some...my wifes 06 Avalon has had no less than 4 recalls since we have owned it. I'm not holding my breath though!

Top
#3317237 - 03/19/14 05:34 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
dishdude Offline


Registered: 11/14/08
Posts: 7382
Loc: Phoenix
When you produce as many vehicles as GM and Toyota, some mistakes and design flaws are bound to happen. The bashing isn't necessary.
_________________________
2015 Grand Cherokee 3.6
M1 5w-30 Wix 10010

2017 124 Spider 1.4T
FF

Top
#3317240 - 03/19/14 05:39 PM Re: Toyota pays $1.2-billion federal fine [Re: tenderloin]
Rolla07 Offline


Registered: 11/05/11
Posts: 3666
Loc: MTL, CANADA
The US gov could use the money LOL
_________________________
2007 Corolla Red Pearl 146k miles
Castrol Edge (Gold) 5w20 & Napa Gold


Top
#3317251 - 03/19/14 05:53 PM Re: Toyota pays $1.2-billion federal fine [Re: dishdude]
simple_gifts Offline


Registered: 07/26/04
Posts: 11440
Loc: Middlesex County CT
Originally Posted By: dishdude
When you produce as many vehicles as GM and Toyota, some mistakes and design flaws are bound to happen. The bashing isn't necessary.


The fine isn't about producing design mistakes and flaws.

If you notice it was a criminal investigation.
_________________________
2004 Prius; 77K Magnatec 10w-30
2003 Echo > 4.1x10^5 miles; 5w-50
2006 B2300;117K;ALM


Was driving an ox cart; Now on the USS Enterprise

Top
#3317252 - 03/19/14 05:54 PM Re: Toyota pays $1.2-billion federal fine [Re: friendly_jacek]
SatinSilver Offline


Registered: 01/24/08
Posts: 7380
Loc: Ohio
Originally Posted By: friendly_jacek
Nice.
Now, how much GM should pay then.


Interesting point since it's in the title of this article:

http://www.reuters.com/article/2014/03/19/us-toyota-settlement-idUSBREA2I0VB20140319

Last quarter Toyota made 4.99 Billion dollars in net income. So in 3 weeks they should be able to pay the fine if they stay on par with last quarter. Currently their reporting 35 billion in cash as well.
_________________________
2012 Toyota Camry 68k miles- PUP 5w20, oem filter
2005 Toyota Matrix 122k miles- 3 qts. Havoline 10w30 + 1 qt PUP 5w20, Fram TG.

Top
Page 1 of 6 1 2 3 4 5 6 >