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Company: Ford Motor Company
Current Parent Company:
Ford Motor
Parent at the Time of the Penalty Announcement:
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Penalty: $51,500,000
Year: 2002
Date: December 20, 2002
Offense Group: safety-related offenses
Primary Offense: motor vehicle safety violation
Violation Description: Ford Motor Company agreed to pay $51.5 million to resolve multistate litigation alleging that it knowingly sold consumers sport utility vehicles (SUV) prone to tire failures and rollovers.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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