Possible problems for Toyota's Corolla, auto giant under fire - Hawaii News Now - KGMB and KHNL

Possible problems for Toyota's Corolla, auto giant under fire

WASHINGTON, D.C. (Hawaii News Now) - More problems for Toyota, this time from two different fronts. The company is considering another recall because of safety issues and it's facing millions in possible fines from the U.S.

Toyota admitted Wednesday morning that it's now looking into possible power-steering problems with its Corolla subcompact, which is the world's best selling car. They've received about 100 complaints so far.

Meanwhile U.S. officials have ordered the auto giant to provide documents showing how and when it first learned of flaws in its accelerator and brake systems. U.S. law requires manufacturers to notify the government within five days of discovering a safety defect and to issue a recall quickly.

"Why they weren't quicker and whether there needs to be greater action to force greater transparency between all auto companies and the government," said Rep. Darrell Issa, (R-Calif.)

Toyota has 60 days to respond. If federal regulators determine the company didn't act fast enough, Toyota could get slapped with $16 million worth of fines.

A house hearing is set for next week so lawmakers can grill Toyota executives.

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