Ford Is Facing The Second-Largest Recall Fine In NHTSA History

Update: The original version of this story suggested that Ford was required to pay a lump sum of $165 million to the NHTSA. More specifically, Ford will pay an immediate cash penalty of $65 million with an additional $55 million “held in abeyance” subject to Ford’s adherence to terms over the next three years. The company will invest the remaining $45 million in advanced data analytics, an information and document interface…