Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Friday, November 15th. I'm Julie Morgan. Ford is hit with the NHTSA's second largest fine. Amazon is stepping in on Hems and hers territory, and GM's cruise has to pay up.

Ford runs into more issues with the National Highway Traffic Safety Administration

and has been hit with a $165 million fine after the regulator found that the company delayed a recall of more than 620,000 vehicles and gave consumers

inaccurate information regarding a faulty rear camera. In August of 2021, NHTSA discovered that the

rearview cameras on Ford Explorer, Escape, and Edge SUVs, F-series, F-Series, and Ranger pickup trucks, transit vans, and the

Mustang were prone to an electrical glitch that caused intermittent failure.

The cameras were supplied by Magna Electronics.

The agency accused Ford of failing to issue a timely recall for the affected vehicles

and for not providing accurate

and complete recall information as required under federal law. NHTSA's fine against Ford is the

second largest in the agency's 54-year history after the Takata Airbag consent order.

Ford will be required to make an upfront payment of $65 million

with an additional $55 million deferred and the balance for performance obligations. Cruise GM's

autonomous vehicle units has admitted to providing a false report involving a car crash and has

agreed to pay a $500,000 criminal

fine. More than a year ago on October 2nd of 2023, a cruise car in San Francisco ran over a pedestrian

who had been thrown into its path by a vehicle driven by a human. The cruise vehicle stopped

after running over the pedestrian but did not detect

that she was underneath the car. It then attempted to pull over to the side of the road,

dragging her over 20 feet. While Cruz filed a report with the NHTSA describing the accident,

it omitted reference to the secondary movement and dragging. Crews agreed to

...