Financial and Compliance Measures
will pay up to $165 million to the for delays in recalling vehicles with faulty rearview cameras and for providing incomplete information to the NHTSA.
The penalty includes $65 million immediately, $45 million for future compliance, and $55 million deferred. An independent third party will oversee Ford's recall performance for three years.
Safety Improvements and Investments
Ford is required to review all recalls from the past three years and file new recalls if necessary, aiming to enhance its recall decision-making process and defect analysis.
The automaker plans to invest $45 million in advanced data analytics, a new document system, and a testing lab to improve safety and compliance.