Categories: Business

Fiat Chrysler Faces $105 Million Fine for Lapses in Recalls

Fiat Chrysler Automobiles NV is facing a record $105 million fine for recall lapses covering millions of vehicles, The Wall Street Journal reports.

According to the publication, the National Highway Traffic Safety Administration is expected to fine Fiat Chrysler and assign an independent monitor to audit the company’s recall processes for an extended period as part of a sweeping settlement.

The government penalties target lapses spanning nearly two dozen recalls affecting more than 11 million Fiat Chrysler vehicles, including older Jeeps with rear gasoline tanks linked to numerous fatal fires.

The fines are tied to legal violations in an array of areas, including misleading and obstructing regulators; inadequate and lagging repairs; and failing to alert car owners to recalls in a timely manner, the WSJ said.

With 1.56 million recalled Jeeps linked to deadly fires, the agency has accused Fiat Chrysler of lagging in installing trailer hitches on the backs of vehicles for added protection in lower-speed collisions. Fiat Chrysler has said vehicle owners are often unwilling to get repairs despite many outreaches from the company.

The government penalties come days after regulators separately started probing Fiat Chrysler’s handling of recalled vehicles with possible cybersecurity flaws, after hackers commandeered controls of a moving Jeep. Those vehicles aren’t included in the settlement expected to be disclosed in the coming week.

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

UCLA Protests: Police Clash with Protesters as Officers Clear Pro-Palestinian Encampment

President Joe Biden has urged pro-Palestinian protesters on university campuses to uphold the rule of…

3 hours ago

Mufasa: Blue Ivy Carter Joins Voice Cast of The Lion King Prequel

Blue Ivy Carter has joined the voice cast of The Lion King prequel Mufasa: The…

3 hours ago

Deadly Tornadoes Hit Oklahoma Leaving Thousands Without Power and Causing Serious Damage

At least five people, including a four-month-old baby, have been killed after dozens of tornadoes…

3 days ago

Harvey Weinstein in Hospital After Conviction Overturned

Harvey Weinstein has been hospitalized just days after his 2020 rape conviction in New York…

5 days ago

Hamas Releases Video of Two Hostages, Including a Kidnapped US Citizen

Hamas has published a video showing the first proof of life of US and Israeli…

5 days ago

Trump Trial: Prosecutors and Attorneys Deliver Opening Statements

Prosecutors and Donald Trump’s attorneys delivered opening statements and the first witness was called on…

1 week ago