Fiat Chrysler’s U.S. subsidiary, known as FCA US, is now controlled by Stellantis NV. An FCA assembly plant in Detroit.
Photo: Fca And City Of Detroit/Zuma Press
The Justice Department said Wednesday it has reached a settlement with Fiat Chrysler Automobiles NV’s U.S. division in the government’s long-running investigation into union corruption among top labor leaders in Detroit.
The U.S. subsidiary, known as FCA US and now controlled by Stellantis STLA -3.31% NV, the newly formed car company that absorbed Fiat Chrysler in a merger earlier this month, agreed to plead guilty to a criminal charge of conspiring to violate U.S. labor law and pay a $30 million fine, according to statements released by the company and the U.S. attorney’s office in Detroit.
FCA US also agreed to an independent compliance monitor for three years to oversee the closing of a worker training center that had been a focus in federal investigation and other internal controls related to that facility, the company said in a statement. The plea agreement is subject to court approval.
The settlement concludes the government’s investigation into FCA US for misconduct uncovered at its worker training center, a entity jointly operated with the United Auto Workers union.
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