The Chinese government has released new regulations for vehicle recalls. According to Automotive News China, starting next year, automakers who fail to recall vehicles in a timely manner can expect to face fines between $80,000 and $160,000. That may be a small sum for an automaker, but the new regulations also allow the government to levy a fine of between one- to ten-percent of the total sales value of the recalled units.
Last year was a big one for recalls. According to The New York Times, 2010 served up a record number of voluntary recalls from automakers. A total of 14.9 million vehicles were ushered back to dealerships for repairs that were not part of a National Highway Transportation Safety Administration investigation. The figure is up 8.5 million vehicles from 2009. That doesn't necessarily mean that the repairs were made out of the goodness of automakers' hearts, of course. When a manufacturer learns of
Back in October, the National Highway Traffic Safety Adminstration announced a Ford F-150 airbag investigation. There were 530,000 2005 model year F-150s involved in the investigation before Halloween, but now the number has swelled to 1.56 million trucks spanning the 2004-2006 model years. The government agency has also upgraded the investigation to an engineering analysis – one step closer to a recall.