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July 27, 2015 08:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/el4rzO5SIkI/fiat-chrysler-hit-with-record-105-million-fine-over-botched-recalls
Fiat Chrysler Hit With Record $105 Million Fine Over Botched Recalls
An anonymous reader writes: The U.S. National Highway Traffic Safety Administration has levied a record fine against Fiat Chrysler Automobiles to punish them for failing to adequately recall and fix defective cars. (If Fiat sounds familiar, it's the same company that issued a 1.4 million-vehicle recall on Friday over a remote hack.) The NHTSA's $105 million fine is half-again as much as the next biggest fine (given to Honda last year over faulty airbags). Fiat Chrysler "admitted to violating federal rules requiring timely recalls and notifications to vehicle owners, dealers and regulators." The company will be forced to buy back hundreds of thousands of vehicles (at the owners' discretion, of course) that have problems with the suspension that could lead to a loss of control. A million more Jeep owners will be given a chance to trade in their vehicle at a higher rate than market value because of rear-mounted gas tanks that are prone to catching fire.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/el4rzO5SIkI/fiat-chrysler-hit-with-record-105-million-fine-over-botched-recalls
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