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FCA US, LLC Reaches Agreement To Resolve Diesel Emissions Investigation!

A Fine Of $96.1 Million & The Forfeiture Of $203.6 Million In Gains...

FCA US, LLC (FCA US) has agreed to a settlement that resolves the U.S. Department of Justice criminal investigation involving approximately 101,482 vehicles from the 2014 to 2016 model years equipped with the second-generation 3.0-liter EcoDiesel V6 engine. Those vehicles include the Ram 1500 (DS) and the Jeep® Grand Cherokee (WK2). 

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The agreement, which is subject to U.S. federal court approval, includes a guilty plea, a fine of $96.1 million, and the forfeiture of $203.6 million in gains derived from the conduct. Consumer claims related to the subject vehicles have already been resolved, and no additional recalls are required.

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As described in Stellantis N.V.’s 2021 financial disclosures, approximately €266 million ($301 million) was previously accrued related to this matter, which is sufficient to cover the forfeiture and penalty imposed by the plea agreement.

Source: Stellantis

 

Robert S. Miller

Robert S. Miller is a diehard Mopar enthusiast who lives and breathes all that is Mopar. The Michigander is not only the Editor for MoparInsiders.com, 5thGenRams.com, and HDRams.com but an automotive photographer. He is an avid fan of offshore powerboat racing, which he travels the country to take part in.

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