New York (MainStreet) -- Auto sales are set for an uptick in 2015, a remarkable comeback for an industry that has been plagued by a weak economy and high gas prices over the past decade. But with the economy somewhat on the rise again and gas prices falling, things seem to be on the rebound for cars; 16.8 million new vehicles were sold in 2014, an 11.4% jump over the previous year, according to Edmunds.com. Future buyers should beware, however. This is an industry that's been plagued by safety scandals in recent years, and it's worth doing your homework before arguing over the undercoating. No one wants to roll his new car off the lot just to see it show up in tomorrow's headlines. Read More: Here's Why Car Sales Soared Last Year, and Will Again in 2015 Honda has just made that a lot harder. On Thursday the company agreed to pay a record-breaking $70 million fine to the U.S. government for failing to report more than 1,700 injuries and deaths as well as warranty claims related to its cars. Auto manufacturers are required to report safety-related incidents to the National Highway Transportation Safety Administration, which uses the data to monitor industry safety standards. In November of last year, Honda admitted to 1,729 cases that it had failed to disclose between 2003 and 2014. Continue Reading on MainStreet
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