Following an investigation into the company’s recall practises, AB Volvo, a manufacturer of professional quality trucks and buses, agreed to a $130 million civil penalty imposed by the United States National Highway Traffic Safety Administration (NHTSA). The NHTSA determined that AB Volvo violated the recall regulation by failing to recall vehicles in a timely way. The company has agreed to a three-year consent order that includes one of the largest-ever penalties for violations of recall laws.
