Cruise fined $500k for submitting a false report after last year’s pedestrian crash
NHTSA had already fined Cruise $1.5 million in September for submitting incomplete reports that failed to disclose that the ...
Ford agrees to pay up to $165 million penalty to US government for moving too slowly on a recall
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 ...
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Ford Fined, Recall Process Placed Under Oversight For 3 Years
Ford Motor Company will pay up to $165 million in penalties after the National Highway Traffic Safety Administration ...
EV Stocks Plunge As Trump Plans To Kill Incentives
Teslas have more margins built into them and are profitable, which gives the automaker some cushion. Legacy automakers like ...
MotorBiscuit on MSN45m
Ford now owes a massive civil penalty after failing to recall over 600,000 vehicles in a timely manner
Regarding the penalty, Ford owes $65 million upfront, $55 million will be held based on Ford honoring the consent order, and it must use $45 million to invest in data analytics. Ford also has to look ...