Consumer Commission could fine Ford 10% of turnover over flaming Kugas
'This is about a critical safety matter, with people's lives potentially in danger. We want to get to the bottom of this'
02 March 2017 - 07:30
Carmaker Ford is being investigated by the National Consumer Commission for allegedly contravening the National Consumer Act — and could be fined 10% of its an nual turnover. The company — and its dealerships — will face a Consumer Tribunal hearing that could levy a fine that experts say could be in the billions. The company's revenue from its Middle East and Africa region was $4-billion in 2015.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now