Federal Government Fines Ferrari $3.5 Million | Edmunds

Federal Government Fines Ferrari $3.5 Million

WASHINGTON —  The National Highway Traffic Safety Administration said Ferrari has agreed to pay a $3.5 million fine for failing to inform the agency of three fatal accidents and failing to file required reports over a three-year period.

"There is no excuse for failing to follow laws created to keep drivers safe, and our aggressive enforcement action 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," said U.S. Transportation Secretary Anthony Foxx in a statement on Friday.

NHTSA noted that before Ferrari parent Fiat acquired Chrysler, the exotic automaker qualified as a small-volume manufacturer and was not required to file some reports with NHTSA. However, it was still required to report fatal crashes involving its cars.

A consent order published by NHTSA said Ferrari admits it failed to submit an early-warning report for any quarter from the third quarter of 2011 through the second quarter of 2014 and failed to report three incidents involving a death to NHTSA. No details on the deaths were provided.

Ferrari said it has put new procedures in place to "ensure full compliance in the future."

In addition to the fine, Ferrari will develop written procedures for comprehensive early-warning reporting, the consent order said. It will also train personnel to track accidents involving Ferraris.

Federal law requires large automakers and affiliates of large automakers to submit early-warning reports on a quarterly basis.

The fine is part of a NHTSA crackdown on automakers when it comes to reporting potential safety problems or recalls. NHTSA has come under fire by safety advocates and lawmakers for its handling of the massive Takata recalls for defective airbags and the General Motors ignition-switch recall. The agency oversees vehicle safety in the U.S.

Edmunds says: All automakers are coming under greater scrutiny in this Year of the Recall.

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