Automaker Stellantis, pleads guilty to conspiracy to defraud, will pay $300 million fine

The U.S. Department of Justice said that FCA US, a subsidiary of the world’s fourth-largest automaker Stellantis, made a decision on the emission control systems of more than 100,000 Ram pickups and Jeep SUVs. After making misleading statements, it has pleaded guilty to conspiracy to defraud and agreed to pay a criminal fine of approximately US$300 million (approximately 1.998 billion yuan).

According to the agreement, FCA US has agreed to pay a criminal fine of US$96 million (about 639 million yuan) and confiscated US$203.6 million (about 1.356 billion yuan).

The U.S. Department of Justice said FCA US scrutinized more than 100,000 2014, 2015, and 2016 model year Jeep Grand Cherokee and Ram 1500 diesel vehicles and their emissions, fuel efficiency and compliance with U.S. emission standards. made a false statement. In addition, the trial is scheduled for July 18.

1 view0 comments

Recent Posts

See All