365 Million Dollar Fine to Ford for Importing Vehicles from Turkey

Ford in one of the biggest cases in US customs history From Turkey By temporarily adding seats to the rear of the cargo vans it imported between 2009 and 2013, and thus bringing the vehicles into the country as passenger transportation vehicles. Paying 2.5% tax instead of 25% was accused. The automotive giant and the US Department of Justice reached an agreement out of court. Thus, the case was dropped, but Ford was ordered to pay $365 million.

The sentence imposed by US officials $184 millionWhile the tax was collected as a tax that should have been paid but was not paid when the vehicles were brought into the country, the remaining 181 million dollars was given as a penalty for irregularities. The number of vehicles brought into the country in the mentioned way 163 thousand It was announced that. It was determined that the seats of Transit Connect model vehicles were removed as soon as they entered the country and the vehicles were converted into van type vehicles with two seats at the front. Ford, on the other hand, claimed that the rear seats were real.

Penalties for both unpaid tax and irregularities

Although fordAlthough it will make a historic payment, this can actually be considered good news for the company. Ford’s lawsuit request, which wanted to take the issue to the Supreme Court in 2020, was rejected. Ford in 2021 due to this incident $1.3 billion He announced that they could pay a fine.

Ford prevented the verdict by reaching an agreement with the ministry, but still to deny the accusations continues. Following the announcement, the company’s shares fell by half a percentage point.

Ford wants to protest this punishment and in $100 bills If he wants to take it to the ministry in the 2009 transit connect cases, he will have to fill the trunks of 7 vehicles completely and put 15 million dollars in the eighth vehicle.