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WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV has agreed to a settlement worth about $800 million to resolve claims from the U.S. Justice Department and state of California that it used illegal software that produced false results on diesel-emissions tests, but still faces an ongoing criminal probe mont blanc star cufflinks price. The hefty penalty is the latest fallout from the U.S. government’s stepped-up enforcement of vehicle emissions rules after Volkswagen AG (VOWG_p.DE) admitted in September 2015 to intentionally evading emissions rules..
The Fiat Chrysler settlement includes $311 million in total civil penalties to U.S. and California regulators, up to $280 million to resolve claims from diesel owners, and extended warranties worth $105 million. It covers 104,000 Fiat Chrysler 2014-16 Ram 1500 and Jeep Grand Cherokee diesels, the Justice Department said. Regulators said Fiat Chrysler used “defeat devices” to cheat emissions tests in real-world driving mont blanc star cufflinks price. Fiat Chrysler said in a statement that “the settlements do not change the Company’s position that it did not engage in any deliberate scheme to install defeat devices to cheat emissions tests.” The company did not admit liability..
“You wouldn’t pay $311 million total dollars to the federal government in civil penalties if there were not a serious problem,” U.S. assistant attorney general Jeff Clark told a news conference. The settlement also includes $72.5 million for state civil penalties, and $33.5 million in payments to California to offset excess emissions and consumer claims. German auto supplier Robert Bosch GmbH [ROBG.UL], which provided the emissions control software for the vehicles, also agreed to pay $27.5 million to resolve claims from diesel owners mont blanc star cufflinks price. Owners will receive an average of $2,800 to obtain software updates as part of the emissions recall, Fiat Chrysler said..
Elizabeth Cabraser, a lawyer for the owners, said the “substantial cash compensation” will ensure that consumers get the recall fix. Bosch, which also provided diesel emissions software to Volkswagen, also agreed to pay $103.5 million to settle claims with 47 U.S mont blanc star cufflinks price. states that said the supplier “enabled” the cheating and should have known its customers would use the software improperly, the New York Attorney General’s Office said. Bosch said in a statement it did not accept liability or admit to the factual allegations, but that the settlement reflects “Bosch’s desire to move forward and to spare the company the very substantial costs and the burden on the company’s resources that would be required to litigate these issues.”..
The Justice Department said the settlement does not resolve an ongoing criminal investigation into Fiat Chrysler’s conduct, but officials declined to discuss the status mont blanc star cufflinks price. The U.S. Securities and Exchange Commission is also investigating. U.S. regulators are also investigating Daimler AG for alleged excess emissions in Mercedes-Benz diesel vehicles, but the Justice Department and Environmental Protection Agency declined to comment on the status of the probe – and would not say if any other automakers are under scrutiny..