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.

The federal government announced on Thursday that it has levied a $165 million civil penalty against the Ford Motor Company over the automaker's failure to comply with federal recall requirements. It is the second largest penalty in the history of the National Highway Traffic Safety Administration,

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.

The three-year consent order includes a civil penalty of up to $165 million, which is shy only of the Takata air bag consent order.

Ford must pay $165 million after the agency determined the automaker delayed recalls for faulty rearview cameras.

Just days after announcing a civil fine against Ford for moving too slowly on a recall, the U.S. government unveiled two investigations into recalls that may not have worked or covered enough vehicles

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.