Ford agrees to $165 million NHTSA penalty over faulty recall accusations

Ford Motor Company has agreed to pay $165 million, the second-largest auto penalty ever issued by the National Highway Traffic Safety Administration, to settle charges it failed to comply with federal recall requirements.

Ford Motor Company has agreed to pay $165 million, the second-largest auto penalty ever issued by the National Highway Traffic Safety Administration, to settle charges it failed to comply with federal recall requirements.

In a release, the National Highway Traffic Safety Administration said Ford had agreed to pay the massive fine, including an up-front payment of $65 million, over allegations the auto maker failed to file recall reports on time, and that some of its reports contained inaccuracies.

“The total civil penalty amount of $165 million is second only to the Takata airbag consent order in the agency’s 54-year history,” the NHTSA said in a statement.

The Ford penalty stems from a multi-year investigation into the automaker's handling of defective rollover safety cameras on a number of its models, including its popular F-150 trucks and Explorer SUVs.

NHTSA said it had received 15 complaints about the cameras showing blank screens. Ford said no injuries or fatalities were associated with the recall.

https://www.nbcnews.com/business/recall/ford-agrees-165-million-nhtsa-penalty-faulty-recall-accusations-rcna180461


Post ID: 0d290070-91e6-4086-a662-f86934f89e3c
Rating: 5
Created: 5 days ago
Your ad can be here
Create Post

Similar classified ads


News's other ads