Record Fine For Fiat Chrysler - The Car Guide
This time however, the American government just made use of the long arm of the Law: Fiat Chrysler was hit with a $105 million USD fine because of the way they handled a few recalls over the last few years. The Italian-American manufacturer will also have to offer to buy back more than half-a-million vehicles that feature safety problems (or at least offer to pay for their repair). According to the announcement that was made this week, RAM’s infamous steering problem (that they issued multiple recalls for) can be repaired, but the manufacturer must also offer to buy back customers' trucks for a fair price. Overall, Chrysler was accused of mishandling 23 recalls, representing 11 million vehicles. Chrysler tried to resolve the problem by installing a rear hitch to the vehicles –which somewhat worked– but it seems that only 21% of affected vehicles were repaired. This is the largest fine ever received by a manufacturer, beating the $70 million that Honda received because of the Takata airbag debacle. Source: www.guideautoweb.com