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Ford Must Pay the Second-Largest Recall
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.
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.
NHTSA Fines Ford With Its Second-Largest Penalty in History for Delaying Recalls
The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner.
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24m
Ford to pay $165 million fine
Ford has agreed to pay a fine of up to $165 million, the second-largest civil penalty ever imposed by the U.S. National ...
16h
Ford Fined Up to $165 Million by Safety Agency Over Camera Recalls
The regulator faulted the automaker for not recalling cars with defective rearview cameras quickly enough and for providing ...
11h
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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