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Thursday, March 22, 2012

ALERT: U.S. seeks bigger fines for auto safety, recall violations

BREAKING NEWS ALERT March 22, 2012
 
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U.S. seeks bigger fines for auto safety, recall violations
The Obama administration is seeking substantially higher fines for auto safety violations even as automakers are quicker to report defects to U.S. regulators in the wake of Toyota's recall crisis. NHTSA chief David Strickland said on Thursday the current maximum fine of $17 million per case is inadequate.
 story 
 image Strickland: "We feel it's high time the penalties are reflective of the size of the industry."
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