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Feds Fine Ferrari $3.5 Million for Form Failure

Maker failed to report three deaths.

by on Oct.31, 2014

NHTSA fined Ferrari $3.5 million for failing to file appropriate forms for three years.

Federal safety regulators levied a $3.5 million fine against Ferrari after the sports car maker failed to report three deaths and simply neglected to file reports of any kind with U.S. officials.

The news follows official reports that Fiat Chrysler Automobiles is looking to sell the exotic carmaker.

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“There is no excuse for failing to follow laws created to keep drivers safe, and our aggressive enforcement action today underscores the point that all automakers will be held accountable if they fail to do their part in our mission to keep Americans safe on the road,” U.S. Transportation Secretary Anthony Foxx said in a statement. (more…)