US Hits Volvo Group North America With $130 Million Penalty Over Delayed Recalls

US Hits Volvo Group North America With $130 Million Penalty Over Delayed Recalls
The Volvo logo is seen in truck for sale in Linden, N.J., on May 23, 2022. Andrew Kelly/Reuters
Reuters
Updated:

WASHINGTON—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 National Highway Traffic Safety Administration (NHTSA) said Volvo Group agreed to a three-year consent order that includes one of the largest-ever penalties for violations under the recall law.