Bring An Equalizer to the Fight. Choose a Firm That Was Created to Advocate for Victims.

Chrysler Recall Failures Lead to Record $105 Million Penalty

Fiat Chrysler Automobiles will pay a record $105 million fine for violating federal laws governing defective vehicles. The auto manufacturer has also agreed to buy back some recalled vehicles and submit to significant federal oversight.

“Today’s action holds Fiat Chrysler accountable for its past failures, pushes them to get unsafe vehicles repaired or off the roads and takes concrete steps to keep Americans safer going forward,” U.S. Department of Transportation Secretary Anthony Foxx stated. “This civil penalty puts manufacturers on notice that the Department will act when they do not take their obligations to repair safety defects seriously.”

Under the terms of the consent order, owners of more than 500,000 Dodge Ram trucks with faulty suspensions that could cause the vehicle to lose control will be able to sell their vehicle back to Fiat Chrysler. Owners of more than one million Jeeps that are prone to deadly fires either will have the chance to trade their vehicle in for more than market value, or will receive a financial incentive to get their vehicle fixed.

In addition, Fiat Chrysler must submit to independent oversight for the next several years. The NHTSA will hire a monitor to report on the recall performance of the company and will further fine or sanction them if they are not meeting standards.

If you or someone you love has been seriously injured by a dangerous or defective vehicle, don’t hesitate to contacta San Diego product liability attorney at the Law Offices of Robert Vaage for a free consultation.