Ford is being fined up to $165 million after the National Highway Traffic Safety Administration ruled the company moved too ...
U.S. auto-safety regulators on Thursday hit Ford Motor with a hefty civil fine of 165 million U.S. dollars for delaying the recall of more than 600,000 vehicles with defective rearview cameras.
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The National Highway Traffic Safety Administration's penalty against Ford is its second-largest civil assessment ever.
US states have filed a joint lawsuit against Gary Gensler and the United States Securities and Exchange Commission.
The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner.