Fiat Chrysler Pays Millions To Settle Emissions Charges

Fiat Chrysler has reached a settlement with the Justice Department, the Environmental Protection Agency (EPA) and the owners of about 100,000 of their diesel-powered Jeep SUV’s and Ram pickups. After facing charges that the company had sold diesel vehicles in the United States that had improper software — allowing it to violate emissions rules — Fiat Chrysler has agreed to pay $800 million to settle the matter. The automaker will pay different state and federal agencies approximately $400 million in fines, plus $280 million to the car owners — which is up to $2,800 per vehicle.

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