Fiat Chrysler to pay record $90m for recall lapses
Automaker Fiat Chrysler
Milan - Arab Today
Automaker Fiat Chrysler will pay a record $90 million for lapses in recalls of its vehicles under a deal reached with US regulators, the company said on Monday.
The Italian-American automaker will pay a $70-million fine to the National Highway Traffic Safety Administration and spend a further $20 million on consumer outreach activities, it said in a statement. It will be required to pay an additional $15 million if it fails to comply with certain terms of the deal.
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