BMW fined U.S. $ 3 million for security issue
Best Growth Stock – The German car maker BMW agreed to pay $ 3 million through civil by not communicating with the appropriate speed security problems in its vehicles, said Friday the U.S. regulator.
“It is essential for safe driving that defects and recall operations are reported in a short time,” said David Strickland, director of the U.S. Agency for Safety in Road Transport (NHTSA, for its acronym in English) , in a statement.
“The NHTSA reviewed 16 calls for review of BMW in 2010,” and concluded that “the builder did not inform the agency under federal law” and did not disclose “defects and noncompliance with the rules fast enough,” the body.
BMW refuses to violate federal law, but decided to make changes in their internal decision-making process of appeals to review, in order to provide timely information to consumers and the federal government in the future.
U.S. law requires manufacturers to report within five days of the existence of defects in their products quickly and issue an appeal for review to correct the problem.
Category: Business News
