Fiat Chrysler allocates USD90m on recall


(MENAFN) Giant Fiat Chrysler to spend USD90 million for lapses in recalls of its vehicles under an agreement with US regulators, Arab News reported.

The Italian-American automaker will pay a USD70 million fee to the National Highway Traffic Safety Administration (NHTSA).

It will also spend USD20 million on consumer outreach activities and incentives to back certain recall completion rates.

If the company fails to comply with the terms imposed, an independent auditor will monitor the company's recall process for three years.


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