(LATimes) — Toyota will agree to pay a record $16.4-million fine for hiding safety defects related to sudden acceleration in 2.3 million vehicles but will stop short of accepting full legal responsibility for purposely withholding safety information, federal safety regulators said late Sunday.
Toyota failed to notify the National Highway Traffic Safety Administration for at least four months after learning that the accelerator pedals in some of its vehicles could stick and cause unwanted acceleration, regulators say. Under federal law, automakers are required to disclose defects within five business days.
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