The DOJ stated that Fisker’s proposal to charge vehicle owners for labor costs associated with safety recalls violates the National Traffic and Motor Vehicle Safety Act.
Fisker's bankruptcy plan included charging customers for recalls, which prompted the NHTSA's objection asserting the move was illegal and improper under U.S. vehicle safety laws.
Following the DOJ's intervention, Fisker is pressured to revise its recall payment plan, as concerns over the company's compliance with legal obligations persist.
As Fisker navigates bankruptcy, the SEC's investigation further complicates matters, with allegations that the company failed to maintain proper records.
Collection
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