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Ford Must Pay the Second-Largest Recall
NHTSA slaps Ford with $165M fine for failing to timely issue recall
Ford (NYSE:F) ran into more issues with the National Highway Traffic Safety Administration (“NHTSA”) and was hit with a $165M fine after the regulator found that the company delayed a recall of more than 620K vehicles and gave consumers inaccurate information regarding a faulty rear camera.
Ford failed to comply with vehicle recall rules, must pay up to $165M, feds say
The National Highway Traffic Safety Administration fines Ford up to $165 million over recalls, the second-largest penalty in agency history.
Ford agrees to pay up to $165 million penalty to US government for moving too slowly on recall
DETROIT (AP) — Ford Motor Co. will pay a penalty of up to $165 million to the U.S. government for moving too slowly on a recall and failing to give accurate recall information.
9h
Ford agrees to pay second-largest civil penalty in NHTSA history
The three-year consent order includes a civil penalty of up to $165 million, which is shy only of the Takata air bag consent ...
1h
Ford knew about dangerous backup camera glitches but moved too slowly to fix them, safety regulator says
Ford is being fined up to $165 million after the National Highway Traffic Safety Administration ruled the company moved too ...
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Federal government of the United States
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