The government settlement is separate from the class action settlement agreement filed today by the consumer plaintiffs in litigation against FCA. If approved, the class action settlement will provide class members with a total of $307.5 million ($280 million from FCA and $27.5 million from diesel-supplier Bosch). "FCA maintains its position that the Company did not engage in any deliberate scheme to install defeat devices to cheat emissions tests ," the company said in a statement. Federal regulators accused FCA of putting eight "software-based features" on 3-liter V6 engines that powered the Jeep and Ram vehicles. As clean-air standards have tightened, automakers have found it impossible to maintain the performance aspects of diesel engines and meet emissions regulations.

Source: Forbes January 10, 2019 17:01 UTC