US: regulator nearing appointment for Fiat Chrysler safety monitoring process

The chief of the National Highway Traffic Safety Administration, the US auto safety regulator, has commented recently the agency was closer to naming the monitor that would have oversight on Fiat Chrysler Automobiles NV’s three-year consent order. The third largest US automaker recently agreed to a consent order that alongside penalties included an oversight monitor from the agency to cater for the company’s auto safety performance after botching up the handling of almost two dozen recalls. In a separate but related issue, NHTSA Administrator Mark Rosekind said Fiat Chrysler now also admitted it has failed to report a more significant number of early warning reports of death and injuries, dating back even further than initially anticipated. “The top three are all very, very strong,” said the head of the NHTSA in regards to the three finalists that would become the monitor for Fiat Chrysler Automobiles. Back in July, Fiat Chrysler was ordered to pay a $105 million fine as part of the settlement with the auto safety regulator over the defective handling of almost two dozen safety campaigns reaching about 11 million autos. The monitor will be tasked to oversee the company’s compliance during the three-year agreement – including important training and safety reforms. FCA also reported recently it had tapped Deloitte to evaluate its procedures for compliance with the NHTSA standards. As part of the agreement, the automaker will also be required to buy back unrepaired trucks and SUVs part of three safety campaigns encompassing 578,000 units that are prone to losing control.