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Old 09-11-2015, 01:56 PM   #10
Raid3n
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Quote:
Originally Posted by Sunfighter View Post
Triumph fined almost $3-million US for breaking US recall rules

Triumph fined over recall violation

Big hit for a small producer like Triumph. Assuming they pull $1500 in average GM on each bike sold they will need to sell 2,000 units just to make up for this penalty. Completely unsubstantiated but interesting none-the-less.
to be fair, they only got fined $1.4M, have to spend at least $500k on improving safety procedures to meet requirements, and the last $1M only comes due if they fail to do this to NHTSA's satisfaction.

still not pocket change, but better than being hit with $2.9M out of the gate.
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