During the same year,
paid civil fines amounting to more than $9 million for not meeting corporate average fuel economy limits.
In 1999, Ford was asked to pay the government a civil fine of $425,000 to settle a row regarding the timeliness of Ford's April, 1996, recall of about 7.8 million vehicles made between 1988 and 1992 to replace ignition switches that had shown a risk of steering-column and under-dash fires, as well as the wholeness and accuracy of the company's responses to NHTSA requests for information in four investigations.
Also, in 1980,
Firestone Tire & Rubber
agreed to pay $500,000 in civil fines in connection to a case involving non-compliance investigations on Firestone 500 steel-belted radial tires and a related tire line manufactured by Firestone and marketed under the "Primero" brand name. It was the largest civil penalty ever assessed under the Safety Act at that time.
Toyota American depository receipts are trading down 0.6% at $80.30 Wednesday, while Ford stock is up 0.9% at $12.80.
-- Reported by Andrea Tse in New York
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