FCA recall ineffective fined billions of dollars to repurchase 500,000 vehicles

Posted on 7/28/2015 10:53:48 AM

According to the "Automotive News" reported that Fiat Chrysler (FCA) recently agreed to pay a fine of US $ 70 million, and be subject to independent agencies for three years, and urged its failure to 500,000 vehicles repurchase.
After the US government since 2009 FCA 23 recalls investigation was carried out a total of $ 105 million in civil penalties, which is the biggest ticket National Highway Traffic Safety Administration (NHTSA) ever out of. The FCA also since 2014, following the third after Honda and GM recall being punished because NHTSA car prices.
In addition to a fine of $ 70 million in cash, FCA also need to pay $ 20 million to complete the terms of the agreement, and if there is a subsequent oversight party found in violation of vehicle safety regulations place, FCA was fined a further $ 15 million.
In the consent agreement (consent agreement) in, FCA acknowledged its "failure to provide an effective remedy in a timely manner" in three recalls in accordance with US law and the failure to timely release of the recall report.
In addition, FCA also agreed to more than 500,000 Jeep SUV brand repurchase, this part of the car suspension components involve failure, may result in loss of control.
At the hearing of July 2, NHTSA indicates FCA initiated recall time was long overdue and delayed supply of spare parts and maintenance, and failure to inform consumers relevant information.

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