Honda Hit With Record $70 Million Fine for Not Reporting Deaths
Source: New York Times
The National Highway Traffic Safety Administration has fined Honda Motor $70 million for failing to submit reports of fatal accidents and injuries to the government.
It is the largest amount that the safety regulator has ever levied against an automaker. The penalty stems from the automakers failure to report 1,729 death and injury claims to the agency for the past 11 years, and its failure to report certain warranty and other claims in the same period.
Todays announcement sends a very clear message to the entire industry that manufacturers have responsibility for the complete and timely reporting of this critical safety information, Mark Rosekind, the new head of the agency, said Thursday.
Read more: http://www.nytimes.com/2015/01/09/business/honda-fined-70-million-in-underreporting-safety-issues-to-government.html?emc=edit_na_20150108
Xithras
(16,191 posts)GM deliberately hides an ignition switch fault that kills over 40 people. They get fined $35 million.
Honda fails to turn in paperwork. No accusations that anybody died because of it. Gets fined $70 million.
Seems odd...
onehandle
(51,122 posts)...anything to our regulators.
It's always been the case.
Tax and levy these companies.
Blue_Tires
(55,445 posts)This would be HUGE news if the Detroit 2.5 were in that headline instead
easychoice
(1,043 posts)n/t