GM News: NHTSA Ends The $7,000 Daily Fine For GM

[William Maley]

The Detroit News is reporting that the National Highway Traffic Safety Administration has ended the daily fine of $7,000 to General Motors after the company turned over the docements and answered the 107 detailed questions about its recall. A Transportation Department spokeswoman said the daily fine ended on June 5th when GM handed over the 315-page internal report from Anton Valukas.

“We have what we asked for. The (GM) report is consistent with what we said a few weeks ago, which is there are some culture issues,” said Anthony Foxx, U.S. Transport Secretary.

The total amount GM has pay to NHTSA? Around $420,000 which is due on July 4th.

Source: The Detroit News

William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.

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[G. David Felt]

I believe this will make GM a far better company in the long run with their awesome CEO at the wheel! Go GM!!!

[riviera74]

Odd day for a due date, given that July 4th is a national holiday and NOBODY will be there to collect the fine. Better push it back to Thursday July 3rd.

[riviera74]

As for the victims of the ignition switch recall, check this out:

http://www.thedetroitbureau.com/2014/06/gm-preparing-to-settle-with-ignition-switch-victims/

[G. David Felt]

As for the victims of the ignition switch recall, check this out:

http://www.thedetroitbureau.com/2014/06/gm-preparing-to-settle-with-ignition-switch-victims/

I think GM handling of this is good and proper. If a family of a lost loved one seems to think they can get 10's of millions, then they deserve to loose out as GM is doing a great job on dealing with what was hidden. Glad to see that the lawyers who made the decision on the switch were terminated along with the admins who processed the issues and knew about it.