Why Honda Is Only Being Fined $70 Million For Hiding Consumer Deaths

The max fine that the NHTSA can impose in such cases is capped at $35 million, and the sum total was actually made of two separate fines.

The $70 million fine which the National Highway Traffic Safety Administration slapped on Honda this week for failing to report more than 1,700 accidents that took place since 2003 was a record, but that record may not last for long—it might be a symptom of regulators finally waking up automakers' failures to protect consumers from dangerous technical faults that they likely knew about.

Read Full Story

[image error]