Toyota to pay record $17.35 million fine for delaying recall

For the fourth time, Toyota has agreed to pay a fine to settle allegations by the National Highway Traffic Safety Administration that the automaker delayed a safety recall, reports The New York Times.  In a news release, the safety agency said Toyota would pay $17.35 million, the maximum allowed by law. Toyota did not admit any wrongdoing and said it was paying the fine to avoid a continued dispute with the safety agency. The automaker said the same thing when agreeing to pay the three previous fines, which totaled $48.8 million.