Volvo Group North America will pay $130 million for failing to recall vehicles quickly enough in a consent order issued by U.S. regulators, AP reports.
The civil penalty follows a National Highway Traffic Safety Administration investigation that found the company failed to recall vehicles in a timely fashion and fell short of other reporting requirements such as notifying owners of recalls and reporting death and injury incidents.
Volvo Group North America is a collective of several manufacturers of heavy-duty trucks and buses. It is a separate entity from Volvo Cars.
Volvo Group North America has agreed to oversight by an independent third-party auditor and will meet regularly with NHTSA to ensure that it addresses any potential safety issues.
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