Fiat Chrysler Automobiles (FCA) is nearing an agreement to plead guilty to criminal conduct to resolve a multiyear emissions fraud probe surrounding Ram pick-up trucks and Jeep sport utility vehicles with diesel engines, people familiar with the matter have said.FCA lawyers and US Justice Department officials are brokering a plea deal that could be unveiled in coming weeks and include financial penalties totalling between $250m and $300m, they said.Such a resolution with FCA, which is now part of Stellantis NV, would come more than four years after Volkswagen AG pleaded guilty to criminal charges to resolve its own diesel-emissions scandal involving nearly 600,000 vehicles. It would also mark the final significant chapter in the government crackdown on automakers’ emissions practices that was precipitated by Volkswagen’s deception, which became known as “Dieselgate”.
Load More
Load More