moparnut
Administrator
FCA UShas agreed to a $105 million civil penalty, the largest ever levied by the government, after thecompany admitted to violating the Motor Vehicle Safety Act.
The fines dwarf those issued to GM and Toyota, partly because of thenumber of recalls involved. The company was citedin threeareas: effective and timely recall remedies, notifications to owners and dealers, and notifications to the NHTSA.
FCAwill also have to buy back an estimated 500,000 vehicles and submit to federal oversight for three years. GM escaped the latter, though an estimated 125 people have now died in incidents involving defective ignition-key switches.
Owners who could lose control of their vehicle due to defective suspension components will be able to sell the vehicle back. (...) →
Record recall penalty for FCA is from Allpar News.
More...
The fines dwarf those issued to GM and Toyota, partly because of thenumber of recalls involved. The company was citedin threeareas: effective and timely recall remedies, notifications to owners and dealers, and notifications to the NHTSA.
FCAwill also have to buy back an estimated 500,000 vehicles and submit to federal oversight for three years. GM escaped the latter, though an estimated 125 people have now died in incidents involving defective ignition-key switches.
Owners who could lose control of their vehicle due to defective suspension components will be able to sell the vehicle back. (...) →
Record recall penalty for FCA is from Allpar News.
More...