:The U.S. business of Fiat Chrysler Automobiles pleaded guilty to criminal conspiracy on Friday and will pay about $300 million in a plea agreement to resolve a multi-year U.S. Justice Department diesel emissions fraud probe, court documents show.
U.S. District Judge Nancy Edmunds in Detroit set a July 18 sentencing date. The settlement includes a $203.6 million forfeiture penalty and a $96.1 million fine. The government noted FCA US previously paid a $311 million civil penalty and paid over $183 million in compensation to over 63,000 people as part of a class-action diesel lawsuit.
The guilty plea represents the final significant action U.S. officials are expected to take against FCA in the emissions fraud matter.
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