Cycle News

Cycle News 2015 Issue 37 September 15

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

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VOL. 52 ISSUE 37 SEPTEMBER 15, 2015 P35 PHOTOGRAPHY BY JOHN GASSO TRIUMPH SLAMMED WITH $2.9 MILLION FINE F our little bolts near the steering head have caused Triumph a world of financial pain. The National Highway Transport Safety Admin- istration has imposed a $2.9 million civil penalty to Triumph Motorcycles Ltd and Triumph Motor- cycle (America) Ltd for violations of Safety Act re- porting requirements and failure to fully respond to communications from NHTSA. "Manufacturers must comply with their report- ing obligations. The law requires it, and public safety demands it," said U.S. Transportation Secretary Anthony Foxx. "When companies fail to meet those obligations, we will hold them ac- countable." The penalty comes after Triumph's 2014 recall of more than 1300 Street Triple R machines where four bolts that hold cable guides to either side of the headstock could work loose, which could reduce the available steering lock and cause a crash. Triumph UK had issued the recall on June 10, 2013, however the U.S. recall was not instigated until September 2014, some 15 months later. This April, the NHTSA began an investigation into whether Triumph had violated the require- ment to report the defect in a timely manner, and into other potential violations, including failure to submit quarterly reports on recall completion rates, failure to supply copies of technical service bulletins, and failure to file early warning data reports on death and injury claims, warranty data and other information. Under a consent order issued to Triumph, the company must pay a $1.4 million cash penalty and must spend at least $500,000 meeting a series of requirements to improve its safety practices. An additional $1 million in penalties could become due if the company violates the consent order or if additional Safety Act violations emerge. CN work for their new Mission R and Mission RS electric superbikes. Seeger is still embroiled in a lawsuit with his former partner Vincent Ip. Mission Motor- cycles filed a suit in December 2013 claiming Ip signed a stock restriction agreement that allowed the company to buy his shares if he left the company, which he did in Novem- ber 2013. Ip has since countersued, saying he was duped into signing the agreement and that Seeger refused to reveal Mission's finances to Ip. CN Triumph has been hit by a hefty $2.9 million fine. Mission Motorcycles is no more, but the troubles haven't stopped for CEO, Mark Seeger.

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