"Fiat Chrysler Fined $300 Million in US for 'Exhaust Gas Manipulation'"

[Asia Economy Reporter Yujin Cho] Fiat Chrysler Automobiles (FCA), which caused a scandal over allegations of emission manipulation in some diesel vehicles, is close to reaching a fine settlement with the U.S. Department of Justice.

On the 26th (local time), major foreign media reported that FCA could be fined or penalized between $250 million and $300 million (approximately 291.8 billion to 350.1 billion KRW) in the U.S. for emission manipulation allegations.

Sources said that FCA and the U.S. Department of Justice are in the process of negotiating such a settlement, and the final results are expected to be disclosed within a few weeks.

However, sources noted that the negotiation details are fluid, and discussions are ongoing regarding the size of the fine and several clauses, so the final conclusion may change.

A U.S. Department of Justice official mentioned that they are preparing paperwork to finalize the negotiations with FCA, but the settlement terms could be revised or the agreement could collapse entirely.

Previously, FCA was accused of using hidden engine performance control software in 104,000 vehicles, including the Jeep Grand Cherokee and Dodge Ram 1500 pickup trucks, to manipulate emissions to appear lower than actual levels.

U.S. authorities stated that failing to disclose engine control software affecting vehicle emissions violates the U.S. Clean Air Act and intended to hold FCA accountable, but FCA has denied the allegations.

This content was produced with the assistance of AI translation services.