Date
25 September 2017
Honda Motor pledged to review and improve its compliance with regulatory reporting obligations. Photo: Bloomberg
Honda Motor pledged to review and improve its compliance with regulatory reporting obligations. Photo: Bloomberg

US fines Honda US$70 mln for failure to report deaths

US regulators fined Honda Motor Co. a record US$70 million for failing to report potential safety problems in vehicles for more than a decade.

The National Highway Traffic Safety Administration said the Japanese auto maker did not submit early warning reports detailing 1,729 death and injury claims for 11 years through 2014, the Wall Street Journal reported.

Honda also neglected to report required warranty data and claims under so-called customer satisfaction campaigns during the period, according to the regulator.

The fines are the most since General Motors Co. agreed in May last year to pay US$35 million to settle an investigation into failing to alert regulators to a deadly ignition-switch problem, the newspaper said.

Regulators have alerted the Justice Department about Honda’s failures, which means the latter will have to decide whether to pursue any criminal action against the car maker.

Honda pledged to review and improve its compliance with regulatory reporting obligations, the report said.

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RC/CG

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