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.

The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner.

The three-year consent order agreed to by Ford and the NHTSA includes a civil penalty of up to $165 million, which is exceeded only by the Takata air bag consent order in the regulatory agency's 54-year history. An investigation that began in 2021 found ...

The federal government announced on Thursday that it has levied a $165 million civil penalty against the Ford Motor Company over the automaker's failure to comply with federal recall requirements. It is the second largest penalty in the history of the National Highway Traffic Safety Administration,

DETROIT (AP) — Ford Motor Co. will pay a penalty of up to $165 million to the U.S. government for moving too slowly on a recall and failing to give accurate recall information.