Report: BMW agrees to pay $3 million fine to the NHTSA

BMW

BMW North America has agreed to pay $3 million fine to settle an allegation by the U.S. government that the automaker failed to promptly notify regulators about potential safety defects in its vehicles.

The NHTSA said friday that BMW has agreed to pay the civil penalty that occurred from 16 recall investigations in 2010.

“NHTSA expects all manufacturers to address automotive safety issues quickly and in a forthright manner,” NHTSA Administrator David Strickland said in a statement.

By U.S. law, automakers have 5 business days to notify the NHTSA of any vehicle defects.

The fine is the first since Toyota agreed in December 2010 to pay $32.4 million to settle two investigations by the NHTSA.

Photo Copyright egmCarTech © Omar Rana.

– By: Omar Rana

Source: AutoNews