New Proposal Seeks to Increase Late Recall Fine to $300 Million

Home  >  WOT  >  New Proposal Seeks to Increase Late Recall Fine to $300 Million In an effort to get automakers to issue recalls more promptly, Transportation secretary Anthony Foxx wants to raise the maximum civil penalty for violation of U.S. auto safety laws from $35 million to $300 million. In case you're doing the math, that's eight times as much as it is now. Although this sounds rather harsh, Foxx hopes this will urge carmakers to address recalls in a more timely manner. View the original article here