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

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

Fiat Chrysler Automobiles NV has agreed to a settlement worth about $800 million USA to resolve claims from the U.S. Justice Department and state of California that it used illegal software that produced false results on diesel-emissions tests, according to court filings on Thursday.

In last year's third quarter, Fiat Chrysler, also known as FCA, took an $810 million (700 million euros) charge to deal with possible USA diesel emissions settlement costs, cutting into the company's profits.

The auto giant will recall and fix more than 100,000 diesel vehicles sold in the United States at a cost of about $185 million.

In a massive settlement Thursday that involves the Justice Department, the Environmental Protection Agency, and the state of California, Fiat Chrysler will adhere to a number of penalties for violating the Clean Air Act and California state law.

"This settlement is a direct result of the enhanced screening and testing procedures CARB developed to uncover the Volkswagen diesel cheating scandal", said Mary Nichols, chairwoman of the air board, in a prepared statement. The company will also pay a $305 (£239 / €265) million civil penalty and "implement a program to mitigate excess pollution from these vehicles".

Bolton: We’re not withdrawing from Syria until Turkey guarantees YPG safety
Trump initially said it would be immediate, which alarmed his advisors and drove Secretary of Defense James N. He also criticised ex-President Barack Obama's Middle East policy, saying he had made "dire misjudgements".

The Justice Department also opened a criminal investigation into Fiat Chrysler's conduct, and several state attorneys general also were investigating. It has already set aside about $810 million to cover settlements and other costs stemming from the diesel matter. FCA said the software update, which should be available to owners later this year, will not affect fuel economy or performance.

"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", the automaker said.

As part of the recall, FCA will update emission control software on the offending vehicles and provide them with an extended warranty.

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.

The state said Fiat Chrysler sold 100,000 of those vehicles nationwide and 13,325 in California. The Fiat Chrysler settlement does not resolve any criminal allegations, according to Assistant Attorney General Jeffrey Clark.

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