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Volvo To Pay $1.5M To Settle DOT Probe Over Late Recalls

By Lana Birbrair (July 3, 2012, 5:03 PM EDT) -- A Volvo Car Corp. subsidiary agreed to pay $1.5 million in civil penalties to the U.S. Department of Transportation on Tuesday to settle the agency's accusation that the automaker had delayed reporting expected recalls....

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