You are viewing a single comment's thread from:

RE: LeoThread 2024-10-07 11:25

in LeoFinance2 months ago

NHTSA's Objections

The NHTSA's objections to Fisker's proposed settlement plan are based on several grounds:

  1. National Traffic and Motor Vehicle Safety Act: The agency argues that the Safety Act requires manufacturers to cover aLL costs associated with remedying defective and noncompliant vehicles, including labor costs.
  2. Section 30120(a) of the Safety Act: The NHTSA notes that this section of the law states that a manufacturer's filing of a petition in bankruptcy does not negate the manufacturer's duty to comply with the law.