Fiat Chrysler to hold talks to settle lawsuits over alleged illegal emissions
By Mike Spector
Chrysler Automobiles NV will hold settlement talks in October with lawyers representing owners of diesel-powered vehicles who sued the auto maker over emissions that allegedly exceeded legal limits, a court-appointed settlement master said.
The Italian-U.S. auto maker (FCA.MI) (FCA.MI) will meet with plaintiffs' lawyers in Washington on Oct. 12, said Kenneth Feinberg, the settlement master, during a Wednesday hearing in San Francisco federal court.
The judge overseeing a so-called multidistrict litigation case, which consolidated widespread lawsuits, appointed Feinberg in July to facilitate settlement efforts.
The U.S. Justice Department sued Fiat Chrysler in May and accused the auto maker of using illegal software that allowed roughly 104,000 2014-2016 model-year Jeep Grand Cherokee sport-utility vehicles and Ram pickup trucks to cheat on emissions tests but then exceed legal limits on the road. Vehicle owners made similar allegations.
An expanded version of this story can be found at WSJ.com (https://www.wsj.com/articles/fiat-chrysler-vehicle-owners-to-hold-emissions-settlement-talks-1506550913?mod=mktw)
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