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Fiat Chrysler Fined USD 40 Million for Fraud in Reporting Sales

Posted By: The editoron: Friday, October 4, 2019In: Automotive

The Securities and Exchange Commission in the United States has imposed a fine of USD 40 million on Fiat Chrysler Automobiles NV for making fraudulent sales reports over a period of several... Read more

VW Gets Fine of One Billion euros from Germany for Diesel Emissions Cheating

Posted By: Hamid Moarefon: Thursday, June 21, 2018In: Parts

Volkswagen has received a fine of 1 billion euros (USD 1.18 billion) from German authorities for diesel emissions cheating. This is one of the highest ever such fines that have ever been imp... Read more

Takata Gets USD 1 Billion Fine for Faulty Airbags

Posted By: The editoron: Wednesday, February 1, 2017In: Parts

Japanese OEM Takata Corporation has received a massive USD 1 billion after a probe was made regarding the company’s faulty airbags. As an outcome of the investigation, three of Takata’s seni... Read more