Ford settles US van tariff dispute
To pay $365m
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In a resolution to a decade-old dispute, Ford Motor will pay a hefty sum of $365 million to settle allegations brought forth by the US Justice Department. The government accused Ford of violating federal tariff laws by misclassifying and understating the value of hundreds of thousands of its Transit Connect vehicles, imported from Turkey.
Ford will pay $365m to resolve US allegations it violated a federal tariff law by misclassifying and understating the value of hundreds of thousands of its Transit Connect vehicles.
Also, Ford must pay hundreds of millions for Transit Connect import lies, and Tesla says it'll be a while before production is 100 percent back in Germany.
Ford Motor will pay $365 million to resolve U.S. allegations it violated a federal tariff law by misclassifying and understating the value of hundreds of thousands of its Transit Connect vehicles....