Ford Motor Co. agreed to pay $365 million to settle charges levied by the Department of Justice (DOJ) that the automaker purposefully dodged import duties for years by mislabeling and undervaluing hundreds of thousands of cargo vans it brought into the United States from Turkey.
The settlement resolves allegations discovered through an investigation by the DOJ’s Trade Fraud Task Force, which partnered with Customs and Border Protection (CBP), the DOJ announced in a press release Monday.
