NEW YORK: Ferrari would pay $3.5 million fine after the company allegedly failed to submit reports identifying actual or potential safety issues for three years, said US National Highway Transportation Safety Administration.
Federal law requires large manufacturers and their affiliates to submit comprehensive emergency warning reports every quarter in order to give the Department of Transportation notice of potential safety concerns. Ferrari failed to do so over a three-year period, additionally failing to report three fatal accidents.
“There is no excuse for failing to follow laws created to keep drivers safe,” Transportation Secretary Anthony Foxx said in a statement. He also noted that “all automakers will be held accountable if they fail to do their part in our mission to keep Americans safe on the road.”
In addition to the $3.5 million civil penalty, Ferrari will also be forced to take actions to improve its handling of emergency warning reports — including additional training and retroactive submission of past reports.
