Tuesday, April 6, 2010

Toyota only fined 16.4 million?!?

NYTimes - US is seeking 16.4 Million dollar fine against Toyota

Wow, all of that and the most that US could actually charge them was 16 million? My sense was that the Toyota debacle was America's opportunity to beat up competitor car companies a bit, because lord knows ours have suffered enough over the past year. Its nice to see that Japan is having problems, too - but still, only 16 million? For a mistake that cost 56 lives? And that was known about in Europe in 2008? Sigh... come on U.S. regulators - grow a pair and charge Toyota for its failure! Lord knows that congress already did it to American car companies like GM, Ford, etc...

Some might say that Toyota has suffered enough in negative PR, but quite honestly, in 3-5 years no one in America will really remember this incident. And for only 16 million, no one in Toyota will, either.

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