NHTSA “Punishes” GM With $7000/Day Fine

So much for new GM’s transparency… After failing to respond to over a third of NHTSA’s requests:

  • *NHTSA: GM STILL HAS ‘FAILED’ TO PROVIDE SUBSTANTIVE RESPONSE

NHTSA has thrown the book at General Motors (kinda)..

  • *NHTSA SAYS GM SUBJECT TO CIVIL PENALTY UP TO $7,000/DAY

That will teach them!! There are some teeth there, as NHTSA added that it may refer GM to the Justice department.

 

  • *NHTSA: GM STILL HAS FAILED TO FULLY RESPOND TO SPECIAL ORDER
  • *NHTSA:GM DIDNT RESPOND TO OVER THIRD OF REQUESTS BY DEADLINE
  • *NHTSA SAYS GM SUBJECT TO CIVIL PENALTY UP TO $7,000/DAY
  • *NHTSA SAYS IT MAY REFER GM MATTER TO JUSTICE DEPARTMENT

 

We are sure Ms. Barra is “looking into it”




via Zero Hedge http://ift.tt/1lIKzXe Tyler Durden

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