In a sharp escalation of penalties against automakers that skirt safety laws, the nation’s top auto safety agency has fined Honda Motor a record $70 million for grossly underreporting fatal accidents and injuries to the government, regulators said on Thursday.
The penalty doubles a fine levied against General Motors last year as the agency, the National Highway Traffic Safety Administration, faces scrutiny for being slow to identify safety problems and failing to use the full extent of its legal powers.
Honda, the agency said, broke the law in two ways, each earning the maximum fine of $35 million. It did not report hundreds of death and injury claims to the agency for the last 11 years nor did it report certain warranty and other claims in the same period. Both types of reports are considered crucial to helping regulators identify potential safety defects.
more
http://www.nytimes.com/2015/01/09/b...derreporting-safety-issues-to-government.html
The penalty doubles a fine levied against General Motors last year as the agency, the National Highway Traffic Safety Administration, faces scrutiny for being slow to identify safety problems and failing to use the full extent of its legal powers.
Honda, the agency said, broke the law in two ways, each earning the maximum fine of $35 million. It did not report hundreds of death and injury claims to the agency for the last 11 years nor did it report certain warranty and other claims in the same period. Both types of reports are considered crucial to helping regulators identify potential safety defects.
more
http://www.nytimes.com/2015/01/09/b...derreporting-safety-issues-to-government.html