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Ford, NHTSA
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.
Ford penalized $165 million over moving too slowly on a rearview camera recall
Ford has agreed to pay a fine that could go up to $165 million after the National Highway Traffic Safety Administration found the automaker took too long to recall vehicles with faulty rearview cameras and failed to “provide accurate and complete 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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recall
Federal government of the United States
National Highway Traffic Safety Administration
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