Mobility paves Samsung’s silver path
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
File Photo - Mercedes Benz logo. - P_V_SIVAKUMAR
Mercedes Benz will pay a $13 million penalty to the United States (US) safety regulators for a string of reporting failures involving recalled vehicles.
The German automobile manufacturer agreed to the payment in a settlement with the National Highway Traffic Safety Administration (NHTSA). Last year the agency opened an investigation into recall reporting lapses by Mercedes involving more than 1.4 million vehicles.
The investigation covered allegations of recall notification letters being sent too slowly to vehicle owners as well as slow reporting of safety problems to the agency.
The settlement also addresses flaws with the operation and functionality of Mercedes’ internet site that lets vehicle owners check for recalls by their vehicle identification numbers, the agency said Wednesday in a statement.
Mercedes agreed to pay the $13 million penalty with another $7 million deferred if certain conditions are met.
The automaker will meet with NHTSA regularly to discuss recall execution and reporting, as well as the recall lookup site, the agency’s statement said.
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
Antrix should adopt a different tactic than merely fighting over jurisdiction: Experts
Invest in relationships, enterprise, behaviour, effort and learning
From different types of osmoses to new membranes, researchers have come up with ways of drawing water
What filters should you apply when mining for under-the-radar small-cap stocks? Read on to find more
There’s no reason to bail out of your fund as long as it’s matching the category average
Amid choppiness, the benchmark indices slipped marginally; approach the week with caution
SBI Cards (₹1,032.7): Witnesses fresh breakoutBetween September and December last year, the stock of SBI Cards ...
That weekend came the news that Champa’s elder daughter was engaged, the proof arriving in the form of Jaimini ...
“Amma,” Divya yelled from the bathroom. “There’s something in my teeth.”Balakrishnan and Veena froze and ...
What makes the new crop of young Indian cricketers such game-changing winners? Over and above their talent, ...
For their dead, Parsis practise a 3,000-year-old system where corpses are excarnated in the Tower of Silence, ...
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor