Re: Toyota is fairing too well either.....

From: Richard A Pyburn (rap777@juno.com)
Date: Wed Jul 14 1999 - 08:42:47 EDT


I really cracked up when I saw this. It just never stops. Keep sending
those yankee dollars home and screw everybody else!!

On Tue, 13 Jul 1999 20:55:24 -0400 The Man From Utopia <tmfu@home.com>
writes:
>U.S. sues Toyota over smog control
>
>WASHINGTON (AP) - The government accused Toyota Monday of putting
>faulty
>smog-control computers on 2.2 million 1996-1998 vehicles and sought to
>have
>the computers repaired and the company fined up to $58.5 billion. On
>behalf
>of the Environmental Protection Agency, the Justice Department filed a
>civil
>lawsuit against the automaker's U.S. subsidiary under the Clean Air
>Act in
>U.S. District Court here after Toyota rejected a government settlement
>offer
>last week that might have cost it $100 million in civil fines. The
>Japanese-owned Toyota company is the first automaker that has refused
>to
>settle a Clean Air Act case with the government. Since 1995, Cadillac,
>Honda, Ford and seven heavy-duty diesel engine makers have reached
>multimillion-dollar Clean Air Act settlements with the government. The
>government always seeks up to the maximum civil penalty the act allows
>but
>doesn't expect or get that much. The law allows the judge to take into
>account a company's economic gain from the violation, its history of
>compliance and remedies and whether a fine would allow a company to
>stay in
>business. In this case, the penalty is $25,000 per car sold before
>Jan. 31,
>1997, and $27,500 for each car sold after that date. The government
>did not
>know the exact dates on which the 1997 model vehicles were sold,
>857,620 of
>the 2.2 million total, so the top penalty was between $56.4 billion
>and
>$58.5 billion. ###
>

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