Fiat Chrysler Agrees To Nearly $800 Million Settlement Over Emissions Cheating Charges

WASHINGTON, Jan 10 (Reuters) - Fiat Chrysler Automobiles NV has agreed to pay close to $800 million to settle claims from the U.S. Justice Department and California relating to allegations it used illegal software that produced false results on diesel-emissions tests, according to court filings Thursday.

The settlement includes $311 million in total civil penalties, up to $280 million to resolve claims from diesel owners, and extended warranties worth $100 million, court filings and people briefed on the settlement said.

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The settlement also includes $72.5 million for state civil penalties and nearly $20 million in payments to California and to offset excess emissions, the sources said.

Fiat Chrysler did not admit any wrongdoing.

(Reporting by David Shepardson; Editing by Bernadette Baum)

Source : https://news.yahoo.com/fiat-chrysler-agrees-u-diesel-165112646.html

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