The National Highway Traffic Safety Administration (NHTSA) is the long arm of the US Government that is assigned with the task of assessing and collecting fines against automotive manufacturers who do not meet that years current CAFE standards. For the 2006 model year the NHTSA issued a big “thank you very much” to DaimlerChrysler for their CAFE violations. The amount of the fine issued was $30,257,635.50 and serves as the largest fine assessed to date. The 2006 penalty assessed to DaimlerChrysler nearly doubles their 2005 fine of $16,895,472.00. DaimlerChrysler just barely eclipsed the prior record holder which was BMW of North America’s 2001 penalty of $27,985,925.00. Congratulations DaimlerChrysler. (more…)
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