
Fiat Chrysler Automobiles NV will pay $110 million to settle a lawsuit that it misled U.S. investors over excess diesel emissions and failed to comply with federal safety regulations.
Fiat Chrysler Automobiles NV will pay $110 million to settle a lawsuit that it misled U.S. investors over excess diesel emissions and failed to comply with federal safety regulations.
Fiat Chrysler Automobiles and a German auto supplier have agreed to settle claims and lawsuits arising from the 3.0-liter V-6 diesel engines installed in 104,000 Jeep Grand Cherokee EcoBoost and Ram 1500 EcoBoost models sold in the U.S. in the 2014 to 2016 model years.
Derive Systems has agreed to a $300,000 civil penalty and estimates that it will spend about $6.25 million to address a federal complaint that it sold engine control devices designed to override the emissions control systems of vehicles in violation of the Clean Air Act.
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