Ford Says US Justice Dept. And California End Emissions Investigation By Reuters


© Reuters. The Ford logo is displayed at the Ford Motor Co plant in Taubate

WASHINGTON (Reuters) – Ford Motor (NYSE 🙂 Co said on Friday that the Justice Department and the California Air Resources Board have closed a lengthy investigation into the emissions certification process of the second US automaker without taking any action. . Ford said in a securities presentation that reviews opened by the US Environmental Protection Agency and Environment and Climate Change Canada remain open. Ford first disclosed the criminal investigation in April 2019 and previously hired outside law firm Sidley Austin and experts to investigate its vehicle’s fuel economy and testing procedures after employees raised concerns about analytical modeling that it‘s part of your fuel economy and emissions compliance process.

Disclaimer: Fusion Media wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading financial markets, it is one of the riskiest investment forms possible.