Fiat Chrysler To Settle U.S. Civil Suit On Diesel Emissions, Source Says

A federal judge in San Francisco on Friday approved a $307.5 million civil settlement for about 100,000 U.S. owners of Fiat Chrysler diesel vehicles that the government said had illegal software that allowed them to emit excess emissions.

Under the settlement approved by Judge Edward Chen, about 100,000 owners and lessees of Ram 1500 and Jeep Grand Cherokee 3.0-liter diesel vehicles from model years 2014 to 2016 will receive payments for having a software reflash completed. Most owners will receive $3,075 payments.

Current owners and lease-holders have until February 2021 to submit a claim, and until May 2021 to complete the repair and receive compensation, while former owners have until August to submit a claim.

The Italian-American automaker on Jan. 10 announced it had settled with the U.S. Justice Department, the state of California and diesel owners over civil claims that it used illegal software that produced false results on diesel-emissions tests. A criminal investigation is ongoing.

Fiat Chrysler estimated the total value of the various settlements at about $800 million.

Robert Bosch GmbH, which provided emissions control software for the Fiat Chrysler vehicles, agreed to pay $27.5 million to resolve claims from diesel owners, while Fiat Chrysler is paying $280 million of the $307.5 million.

Fiat Chrysler is also paying $311 million in total civil penalties to U.S. and California regulators, granting extended warranties worth $105 million. Fiat Chrysler is also paying $72.5 million for state civil penalties and $33.5 million to California to offset excess emissions and consumer claims.

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Source : https://auto.economictimes.indiatimes.com/news/industry/u-s-judge-approves-fiat-chrysler-diesel-emissions-settlement/69177920

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