Saturday, 19 January, 2019

Fiat Chrysler Slapped With $650 Million Fine For Emissions Scandal

The EPA is investigating certain Ram 1500 pickups and Jeep Grand Cherokee SUVs for less-than-honest emissions test The EPA is investigating certain Ram 1500 pickups and Jeep Grand Cherokee SUVs for less-than-honest emissions test
Laurie Berry | 11 January, 2019, 15:41

Fiat Chrysler will pay more than $650 million to settle allegations of cheating on emissions tests.

The first $400 million will cover civil penalties: $305 million goes to the EPA, Justice Department and the California Air Resources Board; $13.5 million is destined for the California Attorney General; $72.5 million goes to AGs in other states; and $6 million will go to Customs and Border Protection.

Under a deal with the Justice Department and the Environmental Protection Agency, the automaker will recall and fix the more than 104,000 out-of-compliance Jeep SUVs and Ram pickup trucks.

Owners of these vehicles will also receive a payment averaging US$2800 ($3900) and an extended warranty.

In last year's third quarter, Fiat Chrysler, also known as FCA, took an $810 million (700 million euros) charge to deal with possible US diesel emissions settlement costs, cutting into the company's profits. It will mark a milestone in the second major case brought by American officials against an automaker for Clean Air Act violations stemming from diesel vehicles equipped with pollution controls prohibited by USA law.

The Justice Department and EPA announced the settlement Thursday morning.

Ford to shift focus, cut jobs as European losses mount
They said in response: It is, of course, bad news that Jaguar Land Rover is being forced to make further job cuts. JLR said it regularly reviewed "its production schedules to ensure market demand is balanced globally".

The Fiat Chrysler settlement won't include a determination that the company committed wrongdoing, a second person familiar with the matter said.

Under the deal, the company may be subject to additional penalties if at least 85 per cent of the vehicles aren't repaired within two years.

Volkswagen admitted that its software was improperly installed to deceive emission-testing equipment by making engines put out much lower levels of the pollutants when being tested than they did in real-world driving situations. About 500,000 VW vehicles were involved in the USA cheating scandal. "Fiat Chrysler's conduct was serious and egregious".

Asked about the message the settlement would send, acting Environmental Protection Agency Administrator Andrew Wheeler responded: "Don't cheat".

But Fiat Chrylser has always maintained that it did nothing wrong and that the software for its diesel auto engines is a legitimate way to meet emissions rules.

"The settlements do not change the Company's position that it did not engage in any deliberate scheme to install defeat devices to cheat emissions tests", the automaker said in a statement.

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