BMW is handing over $3 million in fines to the National Highway Traffic Safety Administration over the way it has handled recalls. NHTSA began an investigation of BMW's practices in 2010, looking at 16 recalls that covered more than 300,000 of the company's cars and motorcycles going back in some cases to 2002.
The fifth-generation (1996-2005) Volkswagen Passat was always a bit of a problem child for the German automakers and its vehicle owners. While it was both handsome and a pleasure to drive, it was afflicted by numerous mechanical maladies, including engine sludge and an issue with a heat shield that could contact the exhaust system and potentially trigger a fire in the engine compartment. In 2007 and 2008, the National Highway Traffic Safety Administration conducted several investigations into th
Toyota has officially handed over every last cent of its $16.4 million fine for not notifying the National Highway Transportation Safety Administration of potential defects in a timely manner. That figure marks the largest fine possible under the law, though by paying it, the Japanese automaker has somehow managed to skip out on admitting any wrong doing. We're still having a hard time wrapping our fragile journo minds around that one.
Another day, another major story on Toyota's recent recall woes. As you may have already heard, the National Highway Traffic and Safety Administration – and particularly U.S. Transportation Secretary Ray LaHood – is less than pleased with the way Toyota has handled its various vehicle callbacks.
Every year, automakers that fail to meet the federally-mandated CAFE fuel efficiency standards receive fines in proportion to their gas-guzzling crimes. Last year, DaimlerChrysler set a record with a fine of $30,357,635.50, and that figure is proving tough to beat. Still, Mercedes-Benz, which made up half of the failed marriage that was DaimlerChrysler, tried its best to top itself by recording a whopping $28.9 million fine for cars produced in 2007, again taking the gold medal. Come on, guys, w
According to the NHTSA, more than $37 million in fines were collected last year for cars sold in 2007 from manufacturers that failed to meet current CAFE standards. Of the six manufacturers that paid fines, Mercedes-Benz was hit the hardest, racking up an astounding $28.9 million bill that was paid in December. That's a huge figure, especially in this troubled automotive market, but it's actually a bit smaller than the $30.3 million fine paid by DaimlerChrysler the previous year -- a figure that