Ford Motor Company has agreed to pay $165 million, the second-largest auto penalty ever issued by the National Highway Traffic Safety Administration, to settle charges it failed to comply with federal recall requirements.

Ford Motor Co. will pay a penalty of up to $165 million to the U.S. government for moving too slowly on a recall and failing to give accurate recall information.

Ford Motor Company was issued a civil penalty of $165 million for failing to comply with federal vehicle recall requirements.

Ford has been slapped with the largest fine in the history of the U.S. National Highway Traffic Safety Administration (NHTSA) for failing to act promptly on a vehicle recall involving defective backup cameras.