Fiat Chrysler to pay US$70m US vehicle safety fine: sources
Carmaker failed to disclose to regulators vehicle crash death and injury reports
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Washington
FIAT Chrysler Automobiles NV has agreed to pay US$70 million in fines to resolve a US investigation that it failed to disclose vehicle crash death and injury reports, people familiar with the matter told Reuters on Wednesday.
The settlement is expected to be announced by the National Highway Traffic Safety Administration (NHTSA) as early as Thursday. Fiat Chrysler in September acknowledged it had failed to disclose an unspecified number of reports that are required to be submitted to regulators under a 2000 law. NHTSA in September called Fiat Chrysler's reporting omissions a "significant failure". In July, the carmaker reached a separate US$105 million settlement with NHTSA over its handling of nearly two dozen recalls covering 11 million vehicles.
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