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giftedviz.com January 20, 2019


FCA to pay $800M to settle diesel emissions scandal

11 January 2019, 03:41 | Austin Hogan

Fiat-Chrysler to pay more than $300 million in emissions cheating settlement: Source

News Fiat Chrysler to pay around $650M in emissions cheating case By MICHAEL BALSAMO and

According to a media report, Fiat Chrysler Automobiles (FCA) will pay more than US$ 650 million to settle a case over diesel emission cheating.

Bosch and its US unit must pay $98.7 million to 47 states, the District of Columbia and Puerto Rico and Guam, and $27.5 million to 104,000 Fiat Chrysler diesel owners.

U.S. officials said FCA's EcoDiesel Ram 1500 and Jeep Grand Cherokee for model years 2014-2016 were built with software created to operate differently during emissions tests compared with real-world conditions.

The settlement resolves allegations that FCA used illegal software to get about 100,000 diesel trucks past laboratory emissions inspections and onto USA roads. The company also reached a $280 million settlement with the owners of 100,000 diesel-powered Jeep SUVs and Ram pickup.

The Justice Department said Fiat Chrysler must work with one or more vendors of aftermarket catalytic converters to improve the efficiency of 200,000 converters that will be sold in the 47 US states that do not already require the use of the California-mandated high-efficiency gasoline vehicle catalysts. He said not only did Fiat Chrysler break the law but that it worked to hide its conduct.

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Volkswagen admitted that its software was improperly installed to deceive emission-testing equipment by making engines put out much lower levels of the pollutants when being tested than they did in real-world driving situations. It has already set aside about $810 million to cover settlements and other costs stemming from the diesel matter.

"The settlements do not change the company's position that it did not engage in any deliberate scheme to install defeat devices to cheat emissions tests", FCA said in a statement. In addition, all the vehicles being recalled will receive extended warranties. The diesel vehicles also won't suffer any degradation in performance or fuel economy following the software update, the person said.

The Justice Department filed a suit against Fiat Chrysler in 2017, alleging that it used illegal software to skirt emissions regulations, akin to what VW did that led to Dieselgate.

Fiat Chrysler will not admit wrongdoing as part of the civil settlement.

The Justice Department and company are also said to be nearing a settlement to resolve a two-year criminal investigation into whether it knowingly sold diesel vehicles that violated clean-air rules, according to two other people familiar with the matter.



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