Fiat Chrysler Will Pay $150M, Largest Ever NHTSA Penalty
Acknowledging violations of the Motor Vehicle Safety Act’s requirements to repair safety defects, Fiat Chrysler Automobiles has agreed to a $105 million civil penalty, the largest ever imposed by the National Highway Traffic Safety Administration. The automaker agreed to an independent monitor, approved by the NHTSA and in place for ...
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
ArticleNHTSA probing Tesla for defects that cause battery fires
The National Highway Traffic Safety Administration has launched an investigation into electric-car company Tesla over potential battery defects that allegedly cause its vehicles to suddenly burst into flames.
-
News BriefOFAC temporarily lifts sanctions on certain Russian oil shipments
The U.S. Treasury Department issued a new Russia-related general license allowing certain transactions tied to Russian oil shipments already en route to India. This move comes after oil prices spiked as the U.S war on Iran continues.
-
ArticleNew DOJ policy places corporate enforcement emphasis on individual misconduct
The Department of Justice (DOJ) criminal division has announced a blanket policy against prosecuting companies that voluntarily disclose criminal wrongdoing and take other steps—and holding any individuals involved accountable for their criminal activities.