Fiat Chrysler faces $79 million U.S. penalty for fuel economy shortfall

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV faces a $79 million (61.6 million pounds) U.S. civil penalty for failing to meet 2017 fuel economy requirements, the automaker confirmed Wednesday


Fiat Chrysler faces  million U.S. penalty for fuel economy shortfall

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV faces a $79 million (61.6 million pounds) U.S. civil penalty for failing to meet 2017 fuel economy requirements, the automaker confirmed Wednesday.

The Italian-American automaker paid $77.3 million last year for a 2016 model year fuel-economy shortfall and a company spokesman confirmed Wednesday the company has received a letter on the 2017 penalty and has 60 days to respond.

The National Highway Traffic Safety Administration, which administers the programme, said in a report Wednesday that Fiat Chrysler had failed to meet the 2017 minimum "domestic passenger car" requirements. Fiat Chrysler said Wednesday it still plans to spend $10 billion through 2022 to develop more than 30 hybrid and electric vehicles.

(Reporting by David Shepardson; Editing by Nick Zieminski)

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