UPDATE 4-Toyota to pay maximum $32 mln fine in US safety probe

Newswire

* Maximum penalty for handling of steering, brake problems * Regulators say Toyota did not make timely disclosures (Adds Toyota's sales plans for 2011) By John Crawley and Chang-Ran Kim WASHINGTON/TOKYO, Dec 21 (Reuters) - Toyota Motor has agreed to pay the maximum fine of $32.4 million related to two U.S. probes into its handling of a spate vehicle recalls which hurt sales and tarnished its once impeccable reputation for quality. The settlements conclude a tumultuous year for the ...

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