Honda Motor Co. (7267) said it failed to report more than 1,700 claims of injury or death involving its cars to U.S. regulators, a violation that would be one of the biggest in history and could lead to a fine of $35 million. In a synopsis of an internal review filed with the National Highway Traffic Safety Administration, Honda today blamed the underreporting on “inadvertent data entry or computer programming errors” that spanned 11 years. NHTSA hasn’t made the audit documents public yet as it continues an investigation. “The audit identifies difficult facts where we did not meet our obligations,” Rick Schostek, executive vice president of Honda North America, told reporters on a conference call. There will be retraining and staffing changes, he said. The number of injury-claim omissions exceeded the 1,144 reports Honda filed over the period and primarily came to light because recent investigations into Takata Corp. (7312) air-bag recalls had cast doubt on the diligence of automakers to tell the government about potential product defects. In some cases, Honda didn’t share with NHTSA information from police reports. Read more http://www.bloomberg.com/news/2014-...d-to-file-1-729-incident-reports-to-u-s-.html
