Ford has agreed to pay a $165 million penalty to federal regulators after moving too slowly to recall vehicles with faulty rearview cameras. This is the second largest fine the National Highway Traffic Safety Administration (NHTSA) has handed out in its 54-year history,

The National Highway Traffic Safety Administration said Ford's inaction failed to "prioritize the safety of the American public."

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 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. The National Highway Traffic Safety Administration says in a statement Thursday that the civil penalty is the second-largest in its 54-year history.

Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner, the second largest fine ever levied by the National Highway Traffic Safety Administration.

The National Highway Traffic Safety Administration said Thursday Ford Motor has agreed to a $165 million civil penalty after a government investigation found the automaker failed to recall vehicles with defective rearview cameras in a timely manner.

The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner.

The US Department of Transportation’s National Highway Traffic Safety Administration has imposed a $165 million penalty on Ford Motor for failing to meet federal recall standards. It was the second-largest civil penalty in the agency’s history.

NHTSA fined Ford $165 million for being slow to issue a recall for defective rearview cameras.

The National Highway Traffic Safety Administration says Ford was too slow to recall vehicles with faulty rearview cameras, and it failed to give the agency complete information, which is required by the Federal Motor Vehicle Safety Act.