The regulator faulted the automaker for not recalling cars with defective rearview cameras quickly enough and for providing incomplete and inaccurate information.

Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner, the second largest fine ever levied by the National Highway Traffic Safety Administration.

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 ...