Fiat Chrysler is preparing to pay a record fine of $105 million, the largest ever imposed by the National Highway Traffic Safety Administration, for mishandling safety recalls on millions of vehicles.
The settlement also forces the car maker to repurchase more than half a million Ram pickup trucks built between 2008 and 2012 because defective steering parts can cause them to lose control. It’s one of their best-selling vehicles, reports CBS News’ Kris Van Cleave.
Transportation Secretary Anthony Foxx said the penalty should push Fiat Chrysler to getting the vehicles off the road.
On April 5, 2013, Magdaleno and Raymundo Sanchez barely escaped a fiery wreck where their 1994 Jeep Grand Cherokee exploded on a Los Angeles freeway when it was rear-ended by a drunk driver. The brothers suffered debilitating burns and are suing Fiat Chrysler. Their lawyer, Fernando Chavez, said a collision with the Jeep’s plastic gas tank behind the rear axle caused it to burst into flames.