Fiat Chrysler to pay up to $105M in penalties to NHTSA - Detroit Free Press
The Fiat Chrysler Automobiles sign is seen after being unveiled at Chrysler World Headquarters in Auburn Hills, Mich. government will fine Fiat Chrysler a record $105 million for violating safety laws in a series of recalls, a person briefed on the matter says. Fiat Chrysler Automobiles will pay up to $105 million in fines and penalties to the National Highway Traffic Safety Administration, submit to oversight and buy back nearly half-a-million of the vehicles it has recalled, penalties issued Sunday for... It comes less than a month after NHTSA held a hearing to present evidence of Fiat Chrysler low recall completion rates for more than two dozen recall campaigns covering 11 million vehicles. The order requires Fiat Chrysler to pay a $70 million cash penalty and spend at least $20 million on meeting performance. Source: www.freep.com
