Regulation & Safety

U.S. senators seek to lift $35 million cap on NHTSA fines

Blumenthal: "The $35 million fine levied on GM is a pittance compared to the company's revenue and the damage caused by its deception and delay."
May 22, 2014 05:00 AM

WASHINGTON -- Arguing that U.S. auto safety regulators cannot impose large enough fines to deter companies like General Motors from sitting on safety problems, a trio of U.S. Senate Democrats is proposing that the penalty cap be removed entirely.

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