Honda Hit With Record $70M Fine
American Honda Motor Co. Inc. will pay two fines totaling a record $70 million to the National Highway Traffic Safety Administration for failing to report deaths, injuries and certain warranty claims to the federal government.
January 08, 2015 at 09:44 AM
2 minute read
The original version of this story was published on National Law Journal
American Honda Motor Co. Inc. will pay two fines totaling a record $70 million to the National Highway Traffic Safety Administration for failing to report deaths, injuries and certain warranty claims to the federal government.
The automaker was hit with a $35 million fine because it did not notify NHTSA about 1,729 incidents between 2003 and 2014 in which one of its vehicles caused an injury or death. The second $35 million penalty stems from Honda's failure to report relevant warranty and customer satisfaction claims.
The penalties are the maximum NHTSA can collect under a congressionally mandated cap.
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