U.S. Department of Transportation says Fiat Chrysler must offer to buy back hundreds of thousands of recalled vehicles and faces fine of up to $105 million. Jeep owners of affected vehicles will be paid to repair their gas tanks or offered a trade-in. Secretary Foxx:
Today’s action holds Fiat Chrysler accountable for its past failures, pushes them to get unsafe vehicles repaired or off the roads and takes concrete steps to keep Americans safer going forward.
The US Department of Transportation is investigating five airlines (Delta, JetBlue, American, United and Southwest) for increasing fares following the Amtrak 188 crash of May 12th. The letter is due in 30 days and there is a separate investigation by the Justice department. According to a copy of the letter sent to Delta’s chief counsel the DOT wants a spreadsheet of the average fare by market, day, and fare class for flights on routes in the corridor from April 28th to May 26th. It also wants the number of tickets sold and passengers carried, as well as comparison data from last year, as well as ten other requests. Transportation Secretary Foxx:
The idea that any business would seek to take advantage of stranded rail passengers in the wake of such a tragic event is unacceptable. This department takes all allegations of airline price-gouging seriously, and we will pursue a thorough investigation of these consumer complaints.
The airlines have denied wrongdoing and have pledged to co-operate.