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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.
Ford to Pay Up to $165M Penalty for Delayed Recall Response
The National Highway Traffic Safety Administration said Ford's inaction failed to "prioritize the safety of the American public."
17h
on MSN
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 ...
15h
on MSN
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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