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Fiat-Chrysler To Buy Back Some Vehicles, Pay Record Fine in Federal Recall Penalty | Edmunds.com

Edmunds.comEdmunds.com Posts: 10,059
edited July 2015 in General
imageFiat-Chrysler To Buy Back Some Vehicles, Pay Record Fine in Federal Recall Penalty | Edmunds.com

Fiat-Chrysler will buy back some recalled vehicles, offer bonuses on trade-ins for other vehicles and pay a record fine as part of a sweeping settlement with the federal government over its handling of 23 vehicle safety recalls covering more than 11 million defective vehicles.

Read the full story here


Comments

  • kokomojoekokomojoe Posts: 150
    Now if the government went after banks in the same way... Will be interesting to see if FCA survives this
  • reminderreminder Posts: 383
    That's a significant penalty to absorb. It's strange how the more experience we have designing, testing, and building machinery the more trouble we seem to get ourselves into. I understand that failures are necessary to product development, but it seems that we've gone too far in trying to over-engineer where it's not necessary.
    There's no shame in keeping certain critical aspects of a vehicle, simple & reliable. I would've thought 100 + years of building steering columns & gas tanks that they'd be a no-brainer.
  • isellhondasisellhondas Issaquah WashingtonPosts: 20,225
    You would think so! This is going to be a NIGHTMARE as people argue over how much depreciation they will be required to pay. Just amazing!
  • steverstever Posts: 52,462
    A reporter wants to talk with a Jeep Cherokee owner about the recent recall aimed to address security vulnerabilities exposed by hackers last month. If you'd like to discuss your experience, please reach out to [email protected] by no later than August 18, 2015.
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