Ferrari fails to File Safety Documents, Fatal Accidents and faces a NHTSA fine of $3.5 Million
Ferrari is now in the news for the wrong reasons. It has been just slapped with a fine of $3.5 million by the National Highway Traffic Safety Administration after revealing the failure of the Italian carmakers in filing the safety reports to the agency for the last three years. The said reports also included fatal accident reports numbering three that the Ferrari was required to submit under the law to the NHTSA.
The early warning reports (EWR) are the heart of the penalty which the car makers are needed to send every quarter to the NHTSA. According to the agency actual and potential safety issues, are identified and mentioned in the reports and provide notice of potential safety concerns to the Department.
Past several years Ferrari was bailed out by a tag that it is a small volume car manufacturer and exempted it from submitting the quarterly reports. The exemption, however expired when Fiat SpA, the parent company in 2011 purchased the Chrysler Group and Ferrari subsequently failed to submit the quarterly early warning reports. Most troubling aspects of the NHTSA statement is the failure of Ferrari to report three fatal accidents involving its automobiles, which is a violation in the US irrespective of what size the vehicle belongs to and mandatory for every auto manufacturer that sells automobiles in the country.
Anthony Foxx, the US Transportation Secretary said that the aggressive action of the agency underscores the significance that every auto manufacturer will be held responsible if they do not cooperate in the mission of keeping American citizens safe on the roads. Krista Florin, the spokesperson from Ferrari said that the failure to file EWR is unintentional and the company has already started implementing the prescribed procedures to ensure that no such mistakes are committed while making compliance in future.