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Fiat Chrysler to pay around $650M in emissions cheating case

Jan 10, 2019 - Associated Press Financial Wire

WASHINGTON (AP) - Fiat Chrysler will pay more than $650 million to settle allegations that it cheated on emissions tests involving more than 104,000 Jeep SUVs and Ram pickup trucks, a person with the knowledge of the settlement told The Associated Press on Wednesday.

The Italian-American automaker will be required to pay around $311 million in fines to the federal government and California regulators, according to the person, who wasn't authorized to discuss the settlement publicly and spo...