US recalls trigger full review of car-safety regulator
New York
CONCERNED about safety lapses by the country's top auto regulator, the Obama administration is undertaking a comprehensive review of the agency to determine if "we have the dial set correctly" on safety, a senior administration official with knowledge of the review said.
The inquiry into the National Highway Traffic Safety Administration (NHTSA) comes during a record year for recalls, in which the agency's role in analysing crash data and policing vehicle defects has been scrutinised by Congress.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Toyota sees 20% full-year profit decline after blockbuster Q4
BMW says costs, low used car prices to weigh on 2024 pre-tax profit
Global car giants seek tech allies in China’s cutthroat EV market
Elon Musk proposed to launch robotaxis in China during April visit: state media
Tesla sends top executive back to China as sales slump worsens
Qantas boss says demand for premium class seats at record levels