Chrysler mum on buyback details - Wink News

– In a statement from Fiat Chrysler Monday, it said they were still working out the details of the buyback. WINK News contacted Fiat Chrysler asking how customers should begin the process of the buyback and when they would receive their money. Dealers and relevant customers will be contacted with details in the near future,” said Fiat Chrysler spokesperson, Michael Palese. We left voice mails with four dealerships and a spokesperson at Galeana Chrysler Dodge Jeep Ram told us they had not heard from the automaker and were asking customers to call back in a few days. DETROIT (AP) – Fiat Chrysler could be required to lay out hundreds of millions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to settle claims that the automaker mishandled... The National Highway Traffic Safety Administration is requiring the company to offer to buy back certain Ram pickup trucks and Dodge and Chrysler SUVs with defective steering parts that can cause drivers to lose control. Fiat Chrysler also faces a record civil fine of up to $105 million. Fiat Chrysler shares dropped nearly 5 percent Monday afternoon following the. Source: www.winknews.com