.jpg "VinFast's small SUV sales overwhelm Toyota and Kia")
.png "Xiaomi SU7 reaches 200,000 units, first time with unique lotus pink color")
.jpg "Real estate market in the south of Hai Duong city is bustling")
.jpg "Extremely dangerous forest fire risk in Kinh Mon, Chi Linh")
-ac017d3d3ce25d3405471795d6bb26f0.jpg "Gia Loc needs over 10 billion VND to invest in renovating and expanding landfills.")
Submit a comment
Ford is accused of providing inaccurate or incomplete information, failing to file timely quarterly reports for recalls, and failing to fully comply with recall disclosure requirements.
The US National Highway Traffic Safety Administration (NHTSA) has imposed a civil penalty on Ford of up to $165 million (nearly VND4,200 billion) because the American car company deliberately delayed the recall and repair of 620,246 Ford and Lincoln vehicles due to electrical signal errors in the rear camera.
This is one of the largest fines in NHTSA history for an automaker. In addition, Ford must conduct a comprehensive review of all recalls over the past three years to ensure full compliance with regulations.
According to Carscoops, the $165 million includes $65 million in cash, $45 million for data analysis, building a new testing facility, and other projects to improve the quality of recalled vehicles. The remaining $55 million will be "suspended" and can be considered for return if Ford fully complies with the agreement after 3 years.
Previously, in 2020, a total of 620,246 Ford and Lincoln vehicles were recalled by NHTSA due to intermittent rearview cameras that did not comply with federal motor vehicle safety standards.
However, with much evidence showing that the American automaker did little or nothing to remedy the recall, in August 2021, NHTSA opened an investigation to determine whether the vehicle recall was carried out in a timely manner.
According to the NHTSA investigation, the rearview cameras on Ford models have a technical defect that affects the operation of this device. Although there have been no accidents directly related to this defect, the regulatory agency has received 15 complaints from consumers and there is a high risk of causing safety problems if not promptly fixed.
The latest $165 million fine will certainly be a big blow to Ford, which already suffered a $2.3 billion loss in the second quarter due to recalls, an $800 million increase from the first quarter, which has severely affected Ford's financial situation.
Ford disagreed with the NHTSA’s findings, but agreed to the fine to address the issue. The automaker also affirmed its commitment to improving product quality and complying with safety regulations.
TH (according to Vietnamnet)