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Administrator
Detroit Newsreported that Fiat Chrysler will get hit with a record-making $105 million fine, and will have to repurchase somevehicles, due to sloppy treatment of recalls.
Citing an unnamed source, the News and Wall StreetJournalwrote thatthesettlement between the National Highway Traffic and Safety Administration (NHTSA) and FCA US LLC could be announced as soon as tomorrow.
The agency could have levied fines of up to $700 million over the 23 recalls it claims were not handled properly. FCA’s Scott Kunselmanadmitted that FCA’s behavior was “sloppy.”
As is typical in such settlements, Fiat Chrysler will likely have to pay only a portion of the fine. The remainder maybe forgiven if the company fulfills its end of thedeal. (...) →
NHTSA to levy record fine over FCA recalls is from Allpar News.
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Citing an unnamed source, the News and Wall StreetJournalwrote thatthesettlement between the National Highway Traffic and Safety Administration (NHTSA) and FCA US LLC could be announced as soon as tomorrow.
The agency could have levied fines of up to $700 million over the 23 recalls it claims were not handled properly. FCA’s Scott Kunselmanadmitted that FCA’s behavior was “sloppy.”
As is typical in such settlements, Fiat Chrysler will likely have to pay only a portion of the fine. The remainder maybe forgiven if the company fulfills its end of thedeal. (...) →
NHTSA to levy record fine over FCA recalls is from Allpar News.
More...