Powered by lexis nexis

Fiat Chrysler’s Diesel Era Ends in a Costly Settlement

Jan 10, 2019 - The New York Times

Fiat Chrysler’s boldest and most recent bid to bring diesel technology to American consumers didn’t last long, and in the end it wound up costing the automaker plenty.

On Thursday the company agreed to pay hundreds of millions of dollars to settle lawsuits accusing it of it rigging certain diesel-powered pickup trucks and Jeeps with illegal software to pass emissions tests.

Including fines, the cost of recalls, remedial efforts, extended warranties and other provisions, the settl...