NHTSA Issues Record Fines in 2014; Fines Honda $70 Million
The National Highway Traffic Safety Administration slapped Honda with two $35 million civil penalties for failing to report deaths, injuries, and certain warranty claims to the federal government in violation of the TREAD Act. Including Honda, NHTSA issued more than $126 million in civil penalties in 2014, exceeding the total ...
Related articles
-
ArticleNHTSA probing Tesla for defects that cause battery fires
The National Highway Traffic Safety Administration has launched an investigation into electric-car company Tesla over potential battery defects that allegedly cause its vehicles to suddenly burst into flames.
-
News BriefSEC exam priorities for 2026 signal heightened focus on firmwide compliance
The U.S. Securities and Exchange Commission’s (SEC) Division of Examinations released its 2026 examination priorities, which give companies a roadmap of areas of heightened risk and regulatory focus for next year.
-
ArticleSan Francisco firm pays $11.4M for alleged Russia-related sanctions violations
A San Francisco-based private equity firm has agreed to pay $11.4 million to settle allegations it violated U.S. sanctions rules by handling investments for a sanctioned Russian oligarch.