Stellantis Faces Massive Penalties for Fuel Economy Violations
Stellantis, Chrysler's parent company, has paid $190.7 million in civil penalties for not meeting U.S. fuel economy standards in 2019 and 2020, and still owes an additional $459.7 million. Reuters confirms that the automaker has also incurred record-setting penalties for previous years, totaling millions of dollars.
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Stellantis, the parent company of Chrysler, has incurred civil penalties amounting to $190.7 million for failing to meet the U.S. fuel economy standards for the years 2019 and 2020. According to government documents reviewed by Reuters, the company still faces $459.7 million in outstanding penalties.
The penalties, which were paid in March and May, came to light through disclosures by the National Highway Traffic Safety Administration. This agency oversees the Corporate Average Fuel Economy (CAFE) program.
Both the automaker and the government agency confirmed to Reuters the calculation of the pending penalties. In 2023, Stellantis paid a record-setting $235.5 million covering the 2018 and 2019 model years, alongside $156.6 million for the 2016 and 2017 model years.
(With inputs from agencies.)
- READ MORE ON:
- Stellantis
- Chrysler
- penalties
- fuel economy
- U.S.
- 2019
- 2020
- CAFE program
- NHTSA
- Reuters
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