Fiat Chrysler agrees to record $105M fine over safety - USA TODAY
The nation's vehicle safety agency has slapped Fiat Chrysler Automobiles with a record $105 million fine for shortcomings in reporting defects and inadequate recall procedures. As part of its deal with the National Highway Traffic Safety Administration (NHTSA), Fiat Chrysler will also be required to buy back a limited number of vehicles, offer incentives for owners to participate in recall repairs, and be subject to... Transportation Secretary Anthony Foxx on Sunday said Fiat Chrysler Automobiles had acknowledged violations of the Motor Vehicle Safety Act’s requirements to repair vehicles with safety defects. The agreement represents the culmination of a campaign by NHTSA to call out Fiat Chrysler for its handling of 23 recalls involving 11 million vehicles. The federal agency took the unusual step of holding a hearing on the issue earlier this month where officials complained about slow production rates of replacement parts needed for recalls. Rosekind said Fiat Chrysler's pattern of poor performance ". The company must pay a $70 million cash penalty — equal to the record $70 million civil penalty the agency imposed on Honda in January for an undercount that led to 1,729 deaths and... Source: www.usatoday.com
