The United States fined AB Volvo $130 million for late recalls

AB Volvo’s North American unit, which owns several bus and truck brands including Mack Trucks and Prevost Car, has agreed to an independent third-party audit and will meet with NHTSA on a regular basis to ensure any potential safety issues are addressed. The company has stated that it appreciates the opportunity to resolve the matter and that improvements to its North American safety processes and systems are already underway.