Fiat Chrysler Pleads Guilty to Conspiracy in US Diesel Case
Fiat Chrysler Automobiles NV’s US unit agreed to pay $300 million in fines and plead guilty to criminal conduct to resolve a multiyear probe by federal prosecutors into allegations the automaker deliberately rigged diesel-powered vehicles to cheat on emissions tests.
The company, now known as Stellantis NV, agreed to pay a criminal fine of $96.1 million, forfeit $203.6 million and admit that it conspired to mislead regulators as part of the deal, the Justice Department said in a statement. The company had been under investigation since at least 2017, as U.S. authorities toughened scrutiny over automobile emissions amid …
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This article has been archived for your research. The original version from Bloomberg Law can be found here.
This article has been archived for your research. The original version from Bloomberg Law can be found here.