The $105 million fine against Fiat Chrysler Automobiles N.V. for its handling of 23 safety recalls may bolster existing lawsuits against the company, but it’s unlikely to spur the kind of massive legal onslaught that accompanied General Motors Co.’s ignition-switch issues, say lawyers.
The fine, announced on Sunday, is the largest imposed by the U.S. National Highway Traffic Safety Administration. It includes $70 million cash and $20 million in performance requirements, plus a potential $15 million more if an independent monitor discovers additional violations in the next three years. In the consent order, FCA US LLC, previously known as Chrysler, admitted that it had failed to fix problems in three recalls and was slow or inadequate in notifying consumers and regulators of defects, including faulty ignition switches, suspension parts and fuel tanks.
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