The National Highway Traffic Safety Administration said Ford's inaction failed to "prioritize the safety of the American public."

Ford has agreed to pay a $165 million penalty to federal regulators after moving too slowly to recall vehicles with faulty rearview cameras. This is the second largest fine the National Highway Traffic Safety Administration (NHTSA) has handed out in its 54-year history,

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.

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 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.

The National Highway Traffic Safety Administration said Thursday Ford Motor has agreed to a $165 million civil penalty after a government investigation found the automaker failed to recall vehicles with defective rearview cameras in a timely manner.

The National Highway Traffic Safety Administration (NHTSA) has hit Ford with their second-largest civil penalty for a drawn-out recall as well as failing to “provide accurate and complete recall information.” As part of a consent order, the automaker is on the hook for up to $165 million and will be subject to third-party monitoring.

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

US penalizes Ford up to $165 million for moving too slowly on a recall.

Ford Motor Co. will be forced to pay the second largest civil penalty by an automaker after the federal government said the company did not act fast enough to issue a recall over faulty rearview cameras.