The rules say now if automakers take too long to initiate a recall they could be fined no more than $35 million. Transportation Secretary Anthony Foxx says that provision should be revised. He says the fine should be increased to as much as $300 million.

Under this new proposed policy the National Highway Transportation Safety Administration would also have more of a say on how quickly vehicles that have been determined to be defective could be taken off the road.

Congress could discuss making these modifications soon.

U.S. Transportation Secretary Anthony Foxx - Photo by Getty Images