Congress Finds Documents Critical Of Toyota Regulators

02.23.10 | FL News Team

Toyota Motor Corp routinely dismissed the possibility that faulty electronics could cause unintended acceleration. That's according to preliminary findings from the Congressional Energy and Commerce Committee. The group is investigating the circumstances surrounding Toyota's massive recall of millions of cars. Members of the committee say they've also discovered failures in the National Highway Traffic Safety Administration's response to complaints of sticking gas pedals. On Tuesday the committee will hold the first of two hearings aimed at shedding light on the massive recall and what went wrong. Members will question U.S. regulators and Toyota officials.

 Toyota also acknowledged it has received a federal grand jury subpoena for documents connected to the recall. The company reportedly received the subpoena from a district attorney's office in New York on February 8th. It has also received a request for documents from the SEC.