A U.S. auto safety agency said Monday it was imposing a $130 million civil penalty on AB Volvo unit Volvo Group North America, following an investigation that found the manufacturer of heavy-duty trucks and buses failed to recall vehicles in a timely fashion.
The Volvo logo is seen in truck for sale in Linden, New Jersey, U.S., May 23, 2022. REUTERS/Andrew KellyPenalty is one of the largest for violations under recall law
The National Highway Traffic Safety Administration said Volvo Group agreed to a three-year consent order that includes one of the largest-ever penalties for violations under the recall law. Volvo Group North America is the parent company to Mack Trucks, Nova Bus, Prevost Car , VNA Holding and Volvo Group Canada.
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