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Auto Industry Under Siege Over Defects, Mileage Ratings
By Jaclyn Jaeger2014-11-11T10:30:00
Title: GrigorianA record number of product-safety recalls and massive civil and criminal penalties for compliance failures such as mis-stated mileage ratings have put all manufacturers and suppliers in the automotive industry on notice—and things are only just starting, as the National Highway Traffic Safety Administration bears down. “This level of ...
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Blog
Takata to Pay Record $200 Million NHTSA Penalty
2015-11-25T11:45:00Z By Jaclyn Jaeger
Citing violations of the Motor Vehicle Safety Act’s requirements to repair vehicles with safety defects, the Department of Transportation’s National Highway Traffic Safety Administration this month imposed the largest civil penalty in its history. The consent order imposes a record civil penalty of $200 million against Japan-based airbag supplier Takata ...
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Article
Product Safety Recalls Create New Breed of Compliance Concerns
2015-07-21T09:30:00Z By Joe Mont
Image: Automakers, airbag manufacturers, and even ice cream companies have suffered regulatory wrath over product safety concerns and inadequate recall procedures. Those in the crosshairs, especially if the Consumer Product Safety Commission is involved, are finding that their missteps can come with hefty fines and rigid compliance demands. “Companies that ...
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Blog
Takata Names General Counsel for North America Unit
2014-12-30T12:30:00Z By CW Staff
Embattled Japanese-based airbag supplier Takata has named Bruce Angiolillo as general counsel of TK Holdings, the North American subsidiary of Takata, effective Jan. 1, 2015. Angiolillo joins Takata following a 34-year career at global law firm Simpson Thacher & Bartlett. Details inside.
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