tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NHTSA announces $165M civil penalty against Ford

The National Highway Traffic Safety Administration announced a consent order with Ford (F) Motor for failing to comply with federal recall requirements. The consent order includes a civil penalty of $165M, the second-largest civil penalty in NHTSA’s history. “This action follows an investigation that found the company failed to recall vehicles with defective rearview cameras in a timely manner and failed to provide accurate and complete recall information as required by the National Traffic and Motor Vehicle Safety Act,” the agency said in a statement.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1