Volvo Group North America will pay a civil penalty of as much as $130 million under an arrangement with the US National Highway Traffic Safety Administration over findings that the maker of heavy-duty trucks was slow to recall vehicles and report injuries and deaths.
NHTSA said Monday that the figure, which includes a $65 million upfront payment, is “one of the largest-ever penalties for violations of the Vehicle Safety Act.” The manufacturer, which is separate from Volvo Cars, also agreed to oversight by an independent third-party auditor and to meet regularly with NHTSA to ensure that it addresses any potential safety issues.
