Senate Bill Would Allow Criminal Penalties, Jail Time For Automakers Who Fail to Report Defects

Senate Bill Would Allow Criminal Penalties, Jail Time For Automakers Who Fail to Report Defects

A bill being introduced in the Senate by Sens. Bill Nelson (D-Fla.), Richard Blumenthal (D-Conn.) and Ed Markey (D-Mass.) would criminalize failure to inform federal regulators about automotive defects—a crime that is punishable by up to five years in prison. The bill also would remove the $35 million cap on fines that could be imposed by the National Highway Traffic Safety Administration, and would require the installation of a warning system that will warn drivers when their cars are subject to recalls. [7/10/15]

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