Fiat Chrysler Pays $30 Million to Settle Corruption Probe (1)

Fiat Chrysler Automobiles NV, which merged with French rival PSA Group earlier this month to form Stellantis NV, has agreed to pay a $30 million fine to settle a corruption probe targeting its U.S. operations.

Fiat Chrysler said Wednesday it agreed to plead guilty to one count of conspiracy for violating the Labor Management Relations Act and implement an independent compliance monitor for three years as it dissolves a Detroit training facility at the heart of the corruption. The company also will adopt stricter internal controls. The agreement, which is subject to court approval, signals the completion of ...