NHTSA fines Chrysler $105 million orders buy back of half million Ram trucks - Examiner.com
AP is reporting today (July 26) that Fiat Chrysler (FCA LLC) must offer to buy back from customers more than 500,000 Ram pickup trucks and other vehicles in the biggest such action in U. S. history as part of a costly deal with the National... , in a press release also issued today, says that they have entered into a consent order with the National Highway Traffic Safety Administration (NHTSA) which resolves the issues raised by NHTSA with respect to FCA U. S. execution of 23 recall... An additional $15 million payment will be payable by FCA US if it fails to comply with certain terms of the consent order. Lastly, the consent order will be supervised by an independent monitor and will remain in place for three years subject to NHTSA’s right to extend for an additional year in the event of FCA US' noncompliance with the consent order. Source: www.examiner.com
