Motor manufacturer Fiat Chrysler has been hit with a record fine and will have to submit to stricter monitoring by the US vehicle safety regulator angry at failures in its recall process.<br /><br /> Breaking: Fiat Chrysler to face at least three years of monitoring under NHTSA settlement to be announced tonight http://t.co/9h6efzUFWb— David Shepardson (@davidshepardson) 26 Juillet 2015<br /> <br /><br /> It comes just days after the manufacturer announced another recall, this time over software faults.<br /><br /> Record fine<br /><br /> It will cost the company 105 million dollars, the equivalent of around 94 million euros.<br /><br /> This eclipses the previous record fine of 70 million dollars – 63 million euros – handed out to Honda back in January.<br /><br /> What else will Fiat Chrysler have to do?<br /><br /> Fiat Chrysler may have to buy back as many as 1.5 million vehicles as part of the agreement with the National Highway Traffic Safety Administration.<br /><br /> An independent monitor will also audit the US-Italian manufacturer’s recall performance fo
