- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Fiat Chrysler will pay a civil penalty of $305 million to settle claims of cheating emission tests and failing to disclose unlawful defeat devices, the Department of Justice announced on Jan. 10.
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The U.S. arm of Fiat Chrysler Automobiles pleaded guilty to conspiracy to defraud the United States, wire fraud, and violating the Clean Air Act for “making false and misleading representations” regarding emissions control systems on more than 100,000 vehicles.
Fiat Chrysler Automobiles has agreed to pay $9.5 million to settle allegations from the SEC that it made “misleading disclosures” regarding an internal audit of emission control systems for diesel vehicles it sold in the United States.
Kohler must pay a $20 million civil penalty in a settlement reached Thursday with the Department of Justice, Environmental Protection Agency, and state of California over alleged violations of the Clean Air Act and California law.
