Any violation by Fiat Chrysler will be costly. Of the potential $105 million penalty, $15 million will essentially be held in reserve and paid in increments if the monitor discovers violations following an investigation.
Fiat Chrysler will have to open up all “non-privileged” books, records, emails and files to the monitor, and let the monitor interview any company executive, employee or consultant. The monitor can hire a staff and will be furnished an office at Fiat Chrysler’s headquarters, all paid for by Fiat Chrysler.
Fiat Chrysler must nominate candidates for the monitor position by Sept. 22, according to the consent agreement. NHTSA must sign off on the candidate, but if the company and the agency can’t agree on one, the agency can appoint a monitor.