Mexican Media Brands
FCA in Talks to Avoid NHTSA Recall Sanctions
CEO Sergio Marchionne says Fiat Chrysler Automobiles NV is negotiating to sidestep impending fines and other sanctions related to how the company has handled 23 U.S. recalls involving more than 11 million vehicles over the past two years.
#regulations
Share
CEO Sergio Marchionne says Fiat Chrysler Automobiles NV is negotiating to sidestep impending fines and other sanctions related to how the company has handled 23 U.S. recalls involving more than 11 million vehicles over the past two years.
He concedes FCA needs to change the way it deals with the National Highway Traffic Safety Administration, especially under its new and far more proactive leadership. "We have to work with the agency to put us on the right path," he added contritely.
NHTSA is determined to hold a hearing on Friday to review its scathing criticism of the company's recall practices. But it said on Tuesday there's a "possibility" a consent order is possible under which FCA agrees to address the agency's complaints.
An NHTSA report issued in June catalogued the carmaker's laggardly safety reporting, chronic problems rounding up repair parts with which to complete recalls and safety fixes that don't work.
RELATED CONTENT
-
Tesla Maxes Out on Tax Credit as U.S. Sales Reach 200,000
Tesla Inc. says it will deliver its 200,000th electric vehicle in the U.S. this month, thereby triggering a phase-out of the $7,500 federal tax credit its vehicles have enjoyed.
-
Toyota Targets 2021 Launch for V2V Tech in U.S.
Toyota Motor Corp. plans to expand its vehicle-to-vehicle communication technology to the U.S. by 2021 and offer it across most Toyota and Lexus models in the country by mid-decade.
-
Bill on Self-Driving Cars Stalls in Senate
Congressional efforts to make it easier to develop self-driving cars in the U.S. have stalled in the Senate despite strong bipartisan support.