NHTSA fines Fiat Chrysler record $105 mlllion over safety recall lapses

Business Jul 27, 2015

NHTSA fines Fiat Chrysler record $105 mlllion over safety recall lapses

The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced on Sunday a record $105 million in fines against Fiat Chrysler Automobiles NV over lapses in safety recalls involving millions of vehicles. The Italian-U.S. automaker's consent agreement with the National Highway Traffic Safety ...

Nikon to fix camera flaws cited by China

Business / Corporate Mar 17, 2014

Nikon to fix camera flaws cited by China

Nikon Corp. said it will fix digital cameras at no charge after claims on Chinese state-run television that product defects caused "black spots" on photographs. The camera maker will service its D600 digital cameras even after warranties expire, spokesman Ryota Satake said after China Central ...

Business / Corporate Feb 3, 2014

Defect-hit Mitsubishi Estate halts sale

Mitsubishi Estate Co., the nation's biggest developer by market value, said it is halting the sale of units in a residential building in central Tokyo because of defects. The building in the upscale Aoyama neighborhood was found to require some construction repairs, including to some ...