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Safety regulators fine Chrysler record $105 million

2015-07-27 21:34:21| Automakers - Topix.net

The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced a record $105 million in fines against Fiat Chrysler Automobiles NV over lapses in safety recalls involving millions of vehicles. The Italian-U.S. automaker's consent agreement with the National Highway Traffic Safety Administration contains an unprecedented buyback option covering hundreds of thousands of vehicles, including more than 1 million Jeep sport utility vehicles, whose owners can receive a trade-in or a financial incentive to get their vehicles repaired.

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Category:Automotive

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