Monday 13 February 2012

3 Million US$ Penalty on BMW

BMW will have to pay a $3 million US civil penalty for delays in reporting auto-safety defects and recalls of about 338,700 vehicles in 2010.

Munich-based BMW’s fine is the largest related to safety by the US National Highway Traffic Safety Administration (NHTSA), the investigator of automobile defects and regulator of recalls, since the record $16.4 million levied against Toyota Motor Corp in 2010.
 
The regulator reviewed 16 instances of recalls which included X5 and X6 sport-utility vehicles, 7 Series and 5 Series Grand Turismo sports sedans, 1 Series cars and motorcycles, according to agency records. BMW has 30 days to pay the fine to the US treasury.

“It’s critical to the safety of the driving public that defects and recalls are reported in short order,” NHTSA Administrator David Strickland said in a statement on Thursday.

“NHTSA expects all manufacturers to address automotive safety issues quickly and in a forthright manner.”

.

No comments:

Post a Comment

CB 300R patented in India

It seems the 300 - 400 cc segment in India is getting hotter and attractive. Just after news of Kawasaki developing a naked version of Nin...