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Gov’t: Chrysler must offer to buy back Ram pickups, Jeeps

DETROIT (AP) — Fiat Chrysler has agreed to a buyback plan that involves Ram pickup trucks that have defective steering parts that can cause vehicles to lose control.

Included in the buyback are more than a million older Jeeps that have vulnerable rear-mounted gas tanks. Owners will be able to trade in their vehicles for the purchase price, minus depreciation, or have Chrysler pay to have them repaired.

Fiat Chrysler also faces a record civil fine of up to $105 million. Fiat Chrysler has settled with safety regulators in about two dozen recalls.

 

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